CHERE External Seminar
Are the mentally ill rational in an economic sense? Evidence from health insurance behaviour
Presenter: Assistant Professor Eric Sun, Stanford University
Abstract: The idea that consumers respond appropriately to economic incentives is a fundamental axiom that provides the foundation for a variety of applications in positive and normative economics. Whether this axiom holds for persons with mental illness, which in many cases involves impairment in the ability to process and respond to information, remains an open question with important implications for policy and economic theory.
BIO: Dr Eric Sun received a MD and PhD in business economics at the University of Chicago and went on to receive additional clinical training in anaesthesiology at Stanford University, where he is currently an assistant professor in the Department of Anaesthesiology, Perioperative and Pain Medicine and (by courtesy) the Department of Health Research and Policy. His current research efforts, which are federally funded, focus on the evaluation of therapies and policies aimed at reducing opioid use among surgical patients and patients with chronic pain. He is also interested in researching how physicians respond to economic incentives. In addition to these research efforts, he is also an attending anaesthesiologist at Stanford University, where he provides anaesthetics care for surgical patients one day a week.