He Who Pays The Piper Must Know The Tune
نویسنده
چکیده
He who pays the piper calls the tune, but he can only succesfully call for a tune that he will recognize upon hearing. Previous models, of two candidates impressing a voter and of firm managers impressing stock speculators, found experts ignoring costly superior information in favor of client preconceptions. Similar result hold when we greatly generalize the agents, choices, information structures, and preferences. When experts must pay to acquire information, have no intrinsic interest in client topics, and can coordinate to acquire the same information, no expert ever pays to know more than any client will know when rewarding those experts.
منابع مشابه
He who pays the piper calls the tune.
Previously instituted policies regarding prosthetic limb provision had been deemed dependable. A follow-up home visit study showed that 18 of 60 patients that had been provided with prostheses, did not make use of them. Analysis showed that three categories of patients made up the large majority of the non-users; double amputees, blind persons and those with psychiatric disorders. In order to a...
متن کاملرابطه مالی پزشک و بیمار در طب سنتی ایران
Background and Objective: Great Iranian physicians of traditional Iranian medicine (TIM) have paid special attention to ethics in their practices, teachings and especially their manuscripts. It was essential for a physician to know medical ethics. They have had also some recommendations for physicians not to pay much attention to monetary aspects. The aim of this study was to determine the view...
متن کاملRecruiting doctors from poor countries: the great brain robbery?
will propose a prohibition on industry sponsored reviews when he speaks at the Barcelona meeting. One important group, until now silent in this debate, are the public agencies who currently provide a large part of the collaboration's core funding. In England, the Department of Health's funding is signed off by the director of research and development, John Pattison. " It seems perfectly legitim...
متن کاملThe Mechanism of the Emergence of Defibrillation Syndrome: Methods of Immediate Diagnosis and Treatment
Different mechanisms leading to disseminated intravascular coagulation (DIC) are briefly discussed and the hemorrhagic diathesis which is brought about by this consumption coagulopathy is visualized. Since there is an emergency need for correct management of the disorder. The problem is simplified in order, any physician, to be able to understand the syndrome and to be catious in treating t...
متن کامل