Search research articles

ABOUT JoVE

Overview Leadership Blog JoVE Help Center

AUTHORS

Publishing Process Editorial Board Scope & Policies Peer Review FAQ Submit

LIBRARIANS

Testimonials Subscriptions Access Resources Library Advisory Board FAQ

RESEARCH

JoVE Journal Methods Collections JoVE Encyclopedia of Experiments Archive

EDUCATION

JoVE Core JoVE Business JoVE Science Education JoVE Lab Manual Faculty Resource Center Faculty Site

Terms & Conditions of Use

Related Concept Videos

Decision Making: P-value Method

Decision Making: P-value Method

The process of hypothesis testing based on the P-value method includes calculating the P- value using the sample data and interpreting it.
First, a specific claim about the population parameter is proposed. The claim is based on the research question and is stated in a simple form. Further, an opposing statement to the claim is also stated. These statements can act as null and alternative hypotheses: a null hypothesis would be a neutral statement while the alternative hypothesis can...

Social Exchange Theory

Social Exchange Theory

As formulated by John Thibaut and Harold Kelley, Social Exchange Theory explains human relationships as economic-like exchanges that maximize rewards and minimize costs. This theory suggests that individuals engage in relationships to gain benefits and reduce burdens, similar to economic transactions. It has been widely applied to various types of relationships, including romantic, professional, and social interactions.Rewards and Costs in RelationshipsRelationship rewards include emotional...

Social Exchange Theory

Social Exchange Theory

We have discussed why we form relationships, what attracts us to others, and different types of love. But what determines whether we are satisfied with and stay in a relationship? One theory that provides an explanation is social exchange theory. According to social exchange theory, we act as naïve economists in keeping a tally of the ratio of costs and benefits of forming and maintaining a relationship with others (Rusbult & Van Lange, 2003).

Types of Biopharmaceutical Studies: Controlled and Non-Controlled Approaches

Types of Biopharmaceutical Studies: Controlled and Non-Controlled Approaches

Biopharmaceutical studies constitute a vital field aiming to enhance drug delivery methods and refine therapeutic approaches, drawing upon diverse interdisciplinary knowledge. In research methodologies, the choice between controlled and non-controlled studies significantly influences the study's reliability and accuracy.
Non-controlled studies, commonly employed for initial exploration, lack a control group, rendering them susceptible to biases and external influences. In contrast,...

Modeling and Similitude

Modeling and Similitude

Scaled modeling is a fundamental technique in engineering, enabling the study of large and complex systems by creating smaller, manageable replicas that recreate critical characteristics of the original. In hydrology and civil infrastructure, for example, scaled models of dams help analyze water flow, turbulence, and pressure. This method allows for accurate predictions of real-world behavior within a controlled environment, significantly reducing the cost and time involved in full-scale...

Framing Effects

Framing Effects

Information is everywhere and its presentation—such as how and when items are presented—can impact our perceptions and decisions surrounding the info. This broad concept umbrellas framing effects—influences that occur due to the way information is framed in its appearance, whether it’s purely the order or the specific wording of a message. Let’s take a look at numerous ways in which two versions of something can objectively say the same thing, yet we respond in...

You might also read

Related Articles

Articles linked to this work by shared authors, journal, and citation graph.

Sort by

Same author

Distinguishing Molecular and Histologic Glioblastomas Using Multiparametric MRI-Based Habitat Analysis.

Korean journal of radiology·2026

Same author

Deep Learning for Survival Prediction in Glioblastoma: Time-dependent Model Interpretability Using MRI, Clinical, and Molecular Data.

Radiology. Artificial intelligence·2026

Same author

Simulationist training blueprint: Defining core competency curricular domains.

Medical teacher·2026

Same author

Real-World Characterization and Treatment Patterns of Patients with Desmoid Tumors at an Academic Center in the United States.

Cancer research communications·2026

Same author

Biological validity, test-retest reliability, and behavioral relevance of the single-subject brain volumetric similarity network.

NeuroImage·2026

Same author

50 Years of Automated Face Recognition.

IEEE transactions on pattern analysis and machine intelligence·2026

Search research articles

Related Experiment Video

Updated: Feb 22, 2026

Operant Protocols for Assessing the Cost-benefit Analysis During Reinforced Decision Making by Rodents

Operant Protocols for Assessing the Cost-benefit Analysis During Reinforced Decision Making by Rodents

Published on: September 10, 2018

Communicating Value in Simulation: Cost-Benefit Analysis and Return on Investment.

Carl V Asche¹, Minchul Kim¹, Alisha Brown²

¹Department of Medicine, Center for Outcomes Research, University of Illinois College of Medicine at Peoria, Peoria, IL.

Academic Emergency Medicine : Official Journal of the Society for Academic Emergency Medicine

|October 2, 2017

Summary

This summary is machine-generated.

Clinical educators can demonstrate the value of healthcare simulation programs by using economic analyses. This research provides tools for cost-benefit and return-on-investment assessments to justify simulation training.

More Related Videos

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods

Published on: September 19, 2012

Evaluation of an Exclusive Spur Dike U-Turn Design with Radar-Collected Data and Simulation

Evaluation of an Exclusive Spur Dike U-Turn Design with Radar-Collected Data and Simulation

Published on: February 1, 2020

Related Experiment Videos

Last Updated: Feb 22, 2026

Operant Protocols for Assessing the Cost-benefit Analysis During Reinforced Decision Making by Rodents

Operant Protocols for Assessing the Cost-benefit Analysis During Reinforced Decision Making by Rodents

Published on: September 10, 2018

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods

Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods

Published on: September 19, 2012

Evaluation of an Exclusive Spur Dike U-Turn Design with Radar-Collected Data and Simulation

Evaluation of an Exclusive Spur Dike U-Turn Design with Radar-Collected Data and Simulation

Published on: February 1, 2020

Area of Science:

Healthcare Simulation
Health Economics
Medical Education

Background:

Value-based healthcare necessitates balancing clinical outcomes with economic value.
Simulation programs require robust economic justification for administrators.
Bridging the gap between clinical educators' and administrators' priorities is crucial.

Framework:

Presents economic tools for clinicians to analyze simulation program value.
Focuses on cost-benefit and return-on-investment (ROI) analyses.
Aims to facilitate communication between educators and financial decision-makers.

Implementation:

Discusses economic analyses relevant to simulation training.
Highlights the need for clinicians to understand financial metrics.
Utilizes findings from the 2017 Academic Emergency Medicine Consensus Conference.

Implications:

Empowers clinical educators to present data-driven economic cases for simulation.
Guides research in cost-benefit analysis for healthcare simulation.
Supports informed decision-making by hospital leadership on simulation investments.