Robin Hanson, PhD: Healthcare Signaling, the Conspicuous Caring Hypothesis, and Prediction Markets in Medicine
The External Medicine Podcast
00:00
The Brand Experiment on Healthcare
The brand experiment on healthcare was from 1974 to 1982, extremely expensive $50 million. The people who were paying almost nothing used a lot more services but didn't get any sort of aggregate benefit from spending more money. "I would just say that's just not indicative really of all the rest of medicine," he says.
Transcript
Play full episode
