Related Experiment Video
Updated: Aug 11, 2026

Measuring Delay Discounting in Humans Using an Adjusting Amount Task
Published on: January 9, 2016
Discounting and risk characteristics in clinical decision-making
Monica Ortendahl1, James F Fries
1Stanford University School of Medicine, Department of Medicine, Division of Immunology and Rheumatology, Palo Alto, CA, USA. monicaortendahl@hotmail.com
Understanding time and risk in medical decisions is crucial. Adjusting how health information is presented can reduce discounting and improve treatment adherence for better health outcomes.
Area of Science:
- Decision Sciences
- Health Economics
- Behavioral Medicine
Background:
- Medical decisions often involve trading immediate costs for future health benefits.
- Time-related aspects, or discounting, influence the perceived value of these future outcomes.
- Uncertainty and risk are inherent in healthcare, necessitating careful consideration alongside time factors.
Purpose of the Study:
- To explore the role of time-related aspects and risk in medical decision-making.
- To analyze how discounting affects health promotion and clinical judgments.
- To investigate the impact of framing and shared decision-making on patient compliance.
Main Methods:
- Review of valuation factors in medical decision-making.
- Analysis of the relationship between discounting, risk perception, and health outcomes.
- Examination of shared decision-making frameworks incorporating time and risk.
Main Results:
- Long-term health decisions are sensitive to discount rates, which vary by domain, outcome, individual, and certainty.
- Asymmetric discounting between doctors and patients can lead to poor treatment compliance.
- Framing of risk information can influence discount rates and potentially improve compliance.
Conclusions:
- Integrating time and risk analysis into clinical judgments can enhance decision-making.
- Shared decision-making, considering both patient and doctor perspectives on time and risk, is vital.
- Strategic framing of health information may mitigate discounting and improve adherence to treatments.
Related Concept Videos
Types of Biopharmaceutical Studies: Controlled and Non-Controlled Approaches
Non-controlled studies, commonly employed for initial exploration, lack a control group, rendering them susceptible to biases and external influences. In contrast, controlled...
Clinical Trials
There are four phases in a clinical trial. A phase one...
Hazard Ratio
For example, in a clinical trial evaluating a...
Critical Thinking II
Decision Making
Automatic decision-making is fast, intuitive, and relies on gut feelings...
Impact of Pharmacokinetic–Pharmacodynamic Models: Regulatory Decisions