Is Behavioral Economics the Death of Living Wills?

As a physician who conducts research on decision-making, I have been asked many times: What does behavioral economics teach us about the role of living wills in medical care? Famed behavioral economist Dick Thaler recently opined on this topic in the New York Times, stating his support for a "requirement that all patients meet with their doctors or trained end-of-life counselors and prepare living wills." He believes patients will be better off if they "talk about the trade-offs and make some ch...