Time Discount
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Glossary
TIME Definition Toolkit of Instruments to Measure End of Life Care which includes the domains of decision-making, advance care planning, closure, coordination, achieving control and respect, family emotional support, self-efficacy, and an overall rating of satisfaction.
Time Series Studies Definition In Time Series Studies short term variation in exposure and outocome are investigated. Exposure and outcome information is not obtained on an individual level, but rather for groups of people.
Time-Trade-Off Time Discount Definition A commerce concept, a discount in price for payment made before the bill is due.
Time Discounting Definition Time Discounting is a correction that can be applied in the calculation of DALYs that progressively reduces the importance of future years according to their distance from present time. The concept comes from economic analysis where it is standard practice and finds justification in psychology (we tend to appreciate more the benefits that we can enjoy soon), to prevent excessive weight being given to deaths at younger ages and to elude the disease/eradication paradox (i.e., without discounting, the future stream of benefit from disease eradication would be infinite and therefore all resources should be devoted to this goal).
Definition Time Trade-off is a method of calculating utility values for health states. Participants are asked, if a treatment was available that could return them to good health but which would reduce the length of their life, how many of their remaining years they would be prepared to relinquish in return for normal health.
Time-Trade-Off Quality of Life Methodology Definition A methodological approach used by health economists to determine weightings for quality of adjusted life years (QALY’s) analysis. Within this approach respondents are asked how much of their remaining lifetime they would be willing to sacrifice to be relieved of their current health difficulties. The greater amount of time they are willing to sacrifice the bigger the burden associated with their health problem.
Time Preference Timed Up and Go Test Definition An economic concept, Time Preference is an intense preference to receive goods or services immediately. Individuals prefer benefits now rather than in the future.
Definition The Timed Get Up and Go Test is a measurement of mobility, which required the subjects to be timed whilst getting up from a standard
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