skip to main content
LOTERRE

LOTERRE

SAGE Social Science Thesaurus

Search from vocabulary

Content language

| español français
Search help

Concept information

... > social science subjects > health and social care > medical science > medicine > clinical medicine > medical decision making > impact or weight or utility of the possible outcomes > willingness to pay
... > other subjects > natural sciences > life sciences > medical science > medicine > clinical medicine > medical decision making > impact or weight or utility of the possible outcomes > willingness to pay

Preferred term

willingness to pay  

Definition(s)

  • Willingness to pay (WTP) is the maximum amount of money an individual is willing to pay to ensure that a proposed service or good is available. Determining WTP through the contingent valuation method (CVM) is increasingly being used to generate information on the benefits of, and demand for, healthcare programs. [Source: Encyclopedia of Medical Decision Making; Willingness to Pay]

Broader concept(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-ND066DKD-T

Download this concept:

RDF/XML TURTLE JSON-LD