Economic Analysis of Time Constraints on Decision-Making in Health

Time constraints can impair the quality of decisions in health, resulting in serious medical and financial consequences. This project aims to determine whether and how time constraints affect decision-making. The project will employ experimental economics methods to examine how misaligned preferences and incentives influence decision-making under time constraints. The findings of the project will offer scientific evidence which is otherwise difficult to obtain, provide insights into possible policy interventions to reduce decision errors, to align the preferences of doctors and patients, and to lower the over treatment in the health-care market. Overall, the project will benefit society and result in a more efficient healthcare system.