Screening for a Chronic Disease: A Multiple Stage Duration Model With Partial Observability
Document Type
Article
Publication Date
2016
Digital Object Identifier (DOI)
https://doi.org/10.1111/iere.12180
Abstract
We estimate a dynamic multistage duration model to investigate how early detection of diabetes can delay the onset of lower extremity complications and death. We allow for partial observability of the disease stage, unmeasured heterogeneity, and endogenous timing of diabetes screening. Timely diagnosis appears important. We evaluate the effectiveness of two potential policies to reduce the monetary costs of frequent screening in terms of lost longevity. Compared to the status quo, the more restrictive policy yields an implicit value for an additional year of life of about $50,000, whereas the less restrictive policy implies a value of about $120,000.
Was this content written or created while at USF?
Yes
Citation / Publisher Attribution
International Economic Review, v. 57, issue 3, p. 915-934
Scholar Commons Citation
Mroz, Thomas A.; Picone, Gabriel; Sloan, Frank; and Yashkin, Arseniy P., "Screening for a Chronic Disease: A Multiple Stage Duration Model With Partial Observability" (2016). Economics Faculty Publications. 6.
https://digitalcommons.usf.edu/ecn_facpub/6
