What is time trade-off in cost utility analysis?
The time trade-off (TTO) is a choice-based method of eliciting health state utility, which reflects the length of remaining life expectancy that a person may be prepared to trade-off in order to avoid remaining in a sub-perfect health state.
What is a TTO study?
Time trade-off (TTO) is an established method in health economics to elicit and value individuals’ preferences for different health states. A time trade-off study is a feasible method to elicit patient preferences and value short-term changes in quality of life alongside a clinical trial.
What is a trade-off clinical trial?
The trade-off dilemma, or patient trade-off, refers to the choice between the expected beneficial and harmful effects in terms of patient survival and quality of life for a particular medical treatment.
What is standard gamble?
The standard gamble is a method used to measure health utilities of varying health states and allow for comparisons across populations and different clinical settings. These health utility scores are useful as measures of outcome for quality of life and applicable to economic evaluation studies.
What is the time trade off technique?
In health economics, Time Trade-Off (TTO) is a technique used to measure the quality of life that a person or group is experiencing. The answer given by the individual shows how many years in the current health state they would be willing to ‘trade off’, in order to regain full health.
What do you understand by time trade off?
In computer science, a space-time or time-memory tradeoff is a way of solving a problem or calculation in less time by using more storage space (or memory), or by solving a problem in very little space by spending a long time.
What is TTO salary?
1. Term Time Only Contracts 1.1 What is a term time only (TTO) contract? A TTO contract allows a member of staff to work in term time only but be paid throughout the year in equal monthly payments.
What is a TTO NHS?
Prescribers are responsible for ensuring that any To Take Out (TTO) are written in a timely manner and the Nurse in Charge of the ward is responsible for these being received by the pharmacy in sufficient time for the medicines to be dispensed and returned to the ward.
What do you mean by time space trade off among algorithm?
In computer science, a space-time or time-memory tradeoff is a way of solving a problem or calculation in less time by using more storage space (or memory), or by solving a problem in very little space by spending a long time. A space-time tradeoff can be used with the problem of data storage.
How is standard gamble used in determining utility values?
The standard gamble is a method that has its theoretical basis in the von Neumann–Morgenstern axioms of expected utility theory. It aims at measuring the ‘disutility’ of a health state by observing the willingness to accept a certain risk of death in order to avoid the state.
What is considered in a time based trade off?
In health economics, Time Trade-Off (TTO) is a technique used to measure the quality of life that a person or group is experiencing. The answer given by the individual shows how many years in the current health state they would be willing to ‘trade off’, in order to regain full health. …