Ontology highlight
ABSTRACT:
SUBMITTER: Adhvaryu A
PROVIDER: S-EPMC4341843 | biostudies-literature | 2014
REPOSITORIES: biostudies-literature
The Review of economic studies 20140101 4
I study how the misallocation of new technology to individuals who have low <i>ex post</i> returns to its use affects learning and adoption behavior. I focus on antimalarial treatment, which is frequently over-prescribed in many low-income country contexts where diagnostic tests are inaccessible. I show that misdiagnosis reduces average therapeutic effectiveness, because only a fraction of adopters actually have malaria, and slows the rate of social learning due to increased noise. I use data on ...[more]