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Updated: Mar 6, 2026

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Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
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Risk preferences and attitudes to surgery in decision making
Andreas Meunier1, Kinga Posadzy2, Gustav Tinghög2,3
1a Department of Clinical and Experimental Medicine, Orthopedics, Faculty of Medicine , Linköping University.
Acta Orthopaedica
|March 16, 2017
Summary
Surgeons
Area of Science:
- Orthopedic Surgery
- Medical Decision Making
- Health Psychology
Background:
- Evidence suggests some surgeries offer minimal benefit over nonoperative treatments.
- Physician optimism may lead to inappropriate surgical recommendations.
- Understanding factors influencing treatment choice is crucial.
Purpose of the Study:
- To investigate the influence of risk attitudes on orthopedic surgeons' treatment choices.
- To determine if risk aversion correlates with opting for nonoperative management.
- To explore other hazardous surgical attitudes impacting treatment decisions.
Main Methods:
- Online survey of 946 Swedish orthopedic surgeons.
- Presentation of a proximal humeral fracture case with patient variations.
- Surgeons chose between operative and nonoperative treatments.
- Assessment of economic risk preference and hazardous surgical attitudes.
- Regression analysis to identify associations.
Main Results:
- 388 surgeons responded; 64 preferred nonoperative treatment for all cases.
- No significant association found between risk aversion and avoiding surgery.
- A "macho" attitude or resignation correlated with choosing operative treatment.
- Extensive surgical experience was linked to choosing nonoperative treatment.
Conclusions:
- Discrepancy between surgical evidence and practice is linked to hazardous attitudes, not risk preference.
- Nonoperative treatment choice is associated with surgeon experience and a sense of control.
- Enhanced awareness of surgical evidence is needed to align practice with indications.
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