
S E51: A Conversation with Emily Oster: The Economics of Pregnancy, Parenting and the Pandemic
Think Like An Economist
The Cost Benefit Principle in Medicine?
The cost benefit principle underlies a lot of things in medicine. But there are also many places where we have kind of gottento some kind of rule of thumb, which maybe is based on a cost benefit principle. And since there could be hedorogineity across puples, not obvious that would make the right decision for every person. So i think it is also certainly the case that we spent a lot more time on cost benefit tradoffs and economics than you do in medicine,. least in terms of he training.
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