Terminology Service: SST: value functions in domains of gains and losses

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... > skills (abilities) > management skills > decision making > the psychology underlying decision making > value functions in domains of gains and losses

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... > mental processes > thinking (psychology) > decision making > the psychology underlying decision making > value functions in domains of gains and losses

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... > qualitative data collection > vignette > decision making > the psychology underlying decision making > value functions in domains of gains and losses

... > research design > vignette > decision making > the psychology underlying decision making > value functions in domains of gains and losses

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value functions in domains of gains and losses

Definition

Many medical situations incorporating gains and losses involve exchange of present-day costs for future benefits. In our era of chronic illness, with antecedents often distant in time, decision making by physicians or patients is frequently influenced in a significant manner by the principles and practice of discounting. [Source: Encyclopedia of Medical Decision Making; Value Functions in Domains of Gains and Losses]

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the psychology underlying decision making

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concepts

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https://concepts.sagepub.com/social-science/concept/value_functions_in_domains_of_gains_and_losses

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