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Cancer and Statistical Illusion
#22

Cancer and Statistical Illusion

Quote: (11-11-2013 05:11 PM)cardguy Wrote:  

I have being meaning to mention this for awhile. But I will just dump it here...

Doctors are no different to businessmen.

Let me explain - and I don't mean that statement in the way you think I might.

You see - your average businessman is a smart guy who wants to be rich. So - he starts up a business and is happy with a ten percent chance (let's say?) of making a couple million bucks.

Now - what about doctors? They have similar desires - but are happy to take the path of settling for the 100% chance of making 200,000 dollars. Which thanks to 'expected value' amounts to the same thing.

Essentially - they have the same goals as the businessman - but dress it up in bullshit about wanting to help others.

For many people - they would rather guarantee a smaller amount - than take a risk at shooting for a larger amount.

It is an obvious point. But I just want to stress that doctors are not your friends. They are in the business they are in (medicine) because it is the easiest way for them to achieve the lifestyle they want. Just like a businessman.

Indeed - the doctor's approach is more rational than the businessman's since (according to research) the marginal utility of money starts to dramatically fall off after the first 70,000 dollars or so.

Sorry for the sidetrack - but it is a point I have being meaning to make for awhile!

Thats too strong a generalisation. I know a lot of people who are in the process of applying for medical school, and for most of them, helping people/ providing pastoral care is their main motivation to go into medicine.
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