EconPapers    
Economics at your fingertips  
 

Does Bad News Travel Faster? On the Determinants of Medical Technology Abandonment

Julie Berez, Guy David, David H. Howard and Mark D. Neuman

Journal of Human Capital, 2018, vol. 12, issue 4, 569 - 603

Abstract: This paper studies the abandonment of technology in reaction to information shocks. While the diffusion of new technologies has been widely researched, the factors driving abandonment are not well understood. This is particularly important in the health care sector, where curbing overuse of low-value technologies is a priority. Using the abandonment of pulmonary artery catheters (PACs) as an empirical application, we aim to understand patterns of human behavior when information that a technology is ineffective becomes available. This study focuses on the role of peer interaction in explaining medical technology abandonment. We find that surgeons alter their use of PACs in response to that of new surgeons who joined their hospitals directly from a fellowship in cardiothoracic surgery.

Date: 2018
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.1086/700078 (application/pdf)
http://dx.doi.org/10.1086/700078 (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jhucap:doi:10.1086/700078

Access Statistics for this article

More articles in Journal of Human Capital from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().

 
Page updated 2021-04-05
Handle: RePEc:ucp:jhucap:doi:10.1086/700078