SBEE Lecture Series: Devin Pope
Ehrlicher Room, 3100 North Quad
The Social, Behavioral and Experimental Economics lecture series is sponsored by the School of Information, the Ross School of Business and the Department of Economics. Speakers from U.S. and international universities present their research at weekly seminars during the 2018-2019 academic year.
Medical Guidelines and Doctor Decision Making
Doctors often face a complex set of inputs (age, bmi, blood pressure, blood test results, symptoms, etc.) when making diagnosis and treatment decisions. In order to simplify decision making, clinical guidelines are ubiquitous and provide evidence-based rules of thumb for doctors to follow. In this paper, we use a dataset of blood test results for millions of patients to see how rigidly doctors adhere to medical guidelines for a variety of decisions. We discuss the implications for these results including how to create optimal guidelines and potential decision aides for doctors and patients.
Using primarily observational data, Pope studies how psychological biases play out in field settings and economic markets. Examples include left-digit bias and projection bias in car markets and time inconsistency in housing markets.
Prior to joining the Chicago Booth faculty in 2010, Pope was on the faculty at the Wharton School at the University of Pennsylvania. He earned a PhD in economics from UC Berkeley in 2007 and a BA in economics from Brigham Young University in 2002.
The talk will begin at 11:45 a.m. and end at 12:45 p.m.