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Concept information

Preferred term

gambles  

Definition(s)

  • The standard gamble is a method for eliciting a person's preferences for different outcomes where an outcome may be a physical object, a monetary gain, a medical condition, or some other state of affairs. It uses simulated choices among various outcomes of known preference to quantify the value (or utility) of the target outcome. [Source: Encyclopedia of Medical Decision Making; Gambles]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-TPK0V391-7

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