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Related Experiment Videos

Population-based time preferences for future health outcomes.

T G Ganiats1, R T Carson, R M Hamm

  • 1Department of Family and Preventive Medicine, University of California San Diego, School of Medicine, La Jolla 92093-0622, USA. tganiats@ucsd.edu

Medical Decision Making : an International Journal of the Society for Medical Decision Making
|August 10, 2000
PubMed
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Patient time preferences for health outcomes vary significantly across different diseases. Understanding these varied patient preferences is crucial for clinical decisions and cost-effectiveness research.

Area of Science:

  • Health economics
  • Clinical decision-making
  • Behavioral science

Background:

  • Time preference significantly influences clinical decisions.
  • Determinants of time preferences in clinical settings are not well understood.

Purpose of the Study:

  • Assess population time preferences for specific health states.
  • Determine if time preferences are consistent across diseases.
  • Investigate patient choices reflecting negative time preference.

Main Methods:

  • Self-administered survey in family physician waiting rooms.
  • 169 adults surveyed using five clinical vignettes.
  • Logistic regression analyzed preferences and calculated discount rates.

Main Results:

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  • Significant variation in time preferences for future health outcomes observed.
  • Discount rates ranged from negative to a high positive (116%).
  • Differences attributed to varying rationales evoked by vignettes.

Conclusions:

  • Empirical evidence shows substantial variation in time preferences for future health outcomes among disease conditions.
  • Time preference is a critical factor in patient decision-making and cost-effectiveness research.
  • Further research is needed to enhance understanding of patient preferences for future health outcomes.