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Are doctors risk takers?

Dvora Pikkel1, Yael Sara Pikkel Igal2, Adi Sharabi-Nov3

  • 1Risk Management and Patient Safety Unit, Assuta Medical Center, Ramat Hahayal, Tel Aviv, Israel.

Risk Management and Healthcare Policy
|July 7, 2016
PubMed
Summary
This summary is machine-generated.

Physicians show moderate risk-taking tendencies, with less risk associated with increased age and seniority. Surgeons and anesthesiologists exhibit higher risk-taking behaviors compared to other medical specialists.

Keywords:
anesthesiologistsgame theoryrisk takingsenioritysurgeons

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Area of Science:

  • Behavioral Economics
  • Medical Decision Making

Background:

  • Risk-taking is a significant factor influencing human behavior, particularly in medical decision-making.
  • Understanding physicians' risk-taking tendencies is crucial for analyzing their professional conduct and potential for adverse events.

Purpose of the Study:

  • To evaluate physicians' risk-taking tendencies using principles of game theory.
  • To explore correlations between risk-taking behavior and physician demographics such as age, sex, seniority, and specialization.

Main Methods:

  • Physicians participated in a coin-flip prediction task, with their willingness to sell this opportunity serving as a measure of risk-taking.
  • Demographic data (age, sex, seniority, specialization) were collected via questionnaire.
  • Multivariate analysis was employed to assess associations between risk-taking and demographic variables.

Main Results:

  • The study included 62 physicians (36 male, 26 female) with 1-34 years of seniority.
  • The average risk-taking score was 5.5 (on a 0-10 scale), indicating a slight tendency towards risk-taking.
  • Risk-taking negatively correlated with seniority and age. Surgeons and anesthesiologists demonstrated higher risk-taking than other specialists.

Conclusions:

  • Physician risk-taking tendencies can be quantified and are influenced by professional experience and specialization.
  • Insights into physician risk-taking can enhance understanding of medical decision-making processes.
  • This knowledge may contribute to improved physician education and strategies for mitigating adverse events in healthcare.