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Alessandro Bonatti

Alessandro Bonatti

Sarofim Family Career Development Professor

Department: Associate Professor of Applied Economics

Contact: (617) 253-7190, bonatti@mit.edu

Expertise: Advertising; Applied economics; Auctions; Competition; Economics; Electronic media; Europe; European Union; Game theory; Google; Industrial economics; Industrial organization; Insurance; Internet; Italy; Media; Microeconomics; Online shopping; Optimal control; Political economy; Price fixing; Pricing; Social networks; Teams; Turkey

Joseph Doyle

Joseph Doyle

Erwin H. Schell Professor of Management

Department: Professor of Applied Economics

Contact: (617) 452-3761, jjdoyle@mit.edu

Expertise: Applied economics; Econometrics; Economics; Gas; Healthcare; Microeconomics; Pharmaceutical; Urban poverty

Deborah Lucas

Deborah Lucas

Sloan Distinguished Professor of Finance

Contact: (617) 715-4816, dlucas@mit.edu

Expertise: Fannie Mae and Freddie Mac; federal budget; federal credit programs; government financial institutions; pensions; Social Security; student loans; valuation

Robert Merton

Robert Merton

School of Management Distinguished Professor of Finance

Contact: (617) 715-4866, rmerton@mit.edu

Expertise: Corporate finance; Derivatives; Financial engineering; Financial planning; Functional finance; Insurance; Retirement finance; Retirement planning; Risk management; Strategic finance

Stewart Myers

Stewart Myers

Robert C. Merton (1970) Professor of Financial Economics

Department: Professor of Finance

Contact: (617) 253-6696, scmyers@mit.edu

Expertise: Banking; Corporate finance; Finance; Insurance; Pharmaceutical

JoAnne Yates

JoAnne Yates

Sloan Distinguished Professor of Management

Department: Professor of Managerial Communication and Work and Organization Studies

Contact: (617) 253-7157, jyates@mit.edu

Expertise: BlackBerry; Blogs; Changing work environments; Communication practices; Diversity; E-mail; Electronic communication; Future of work; Gender issues, workplace; Groupware; Information systems; Information technology; Information technology, history of; Information technology, impact of; Information technology, social aspects; Innovation; Insurance; Knowledge management; Knowledge sharing; Leadership; Legacy information; Management of information technology; Managerial communication; Managing change; MBA; Mobile computing; Organization studies; Organizational change; Organizational communication; Teams; Wireless communication; Work environments; Working virtually; Writing and presentation skills

Understanding the implications of consumer empowerment in health care — Renée Richardson Gosline

From Huffington Post The days of the passive patient and omnipotent Marcus Welby-like physician are long gone. Since the 1990s, consumer empowerment in health care has been increasing, most notably with the advent of direct-to-consumer advertising for prescription medicines. Then, the rise of digital media allowed consumers to search symptoms and create communities around common disease experiences. More recently, the ability to shop for health insurance through health care exchanges and obtain treatment at drug store clinics has led to a new age of consumer empowerment. We’ve gone from a B-to-B model to a B-to-C model in health care. This shift in power to consumers has many implications when it comes to how we make decisions about our health care. Here are six ways that a behavioral lens can help us understand the implications of empowering consumers in health care: 1. Heuristics Heuristics are very important. These mental shortcuts or “rules of thumb” … Read More »The post Understanding the implications of consumer empowerment in health care — Renée Richardson Gosline appeared first on MIT Sloan Experts.

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