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Robin Hanson, PhD: Healthcare Signaling, the Conspicuous Caring Hypothesis, and Prediction Markets in Medicine

The External Medicine Podcast

CHAPTER

The Importance of Institutional Mechanisms for Buying Medicine

If you had unlimited funds for a single randomized controlled trial, what would you fund? I would rather fund an experiment on the institutional mechanism for buying medicine. "I want to show people that there's a way to buy medicine under which they could get better treatment for less cost"

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