This article is a personal account of the author's experiences as an economist working in medical decision making. He discusses the differences between economic decision theory and medical decision making and gives examples of the mutual benefits resulting from interactions. In particular, he discusses the pros and cons of different methods for measuring quality of life (or, as economists would call it, utility), including the standard gamble, the time tradeoff, and the healthy-years equivalent methods.

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doi.org/10.1177/0272989X08323916, hdl.handle.net/1765/14901
Medical Decision Making: an international journal
Erasmus Research Institute of Management

Wakker, P.P. (2008). Lessons learned by (from?) an economist working in medical decision making. In Medical Decision Making: an international journal (Vol. 28, pp. 690–698). doi:10.1177/0272989X08323916