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Preferred term

person trade-off  

Definition

  • The person trade-off (PTO) is a method to elicit social preferences that has been advocated for use in cost-utility analyses instead of elicitations that yield individual utilities for different health states. The PTO is thought to incorporate societal considerations about how treatment benefits are distributed across a population rather than simply maximizing the health benefit of treatments. [Source: Encyclopedia of Medical Decision Making; Person Trade-Off]

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URI

https://concepts.sagepub.com/social-science/concept/person_trade-off

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