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But, he added, "This is symbolic of policy makers' willingness to provide more temporary help to the economy, which I believe is appropriate".
Policy makers' willingness to involve themselves depends on political interests, on prior experience with public participation processes, and on their trust in the facilitators of the public participation process.
A related concern for regulators is "foreclosure"–whether a deal has a chilling effect on rival makers' willingness to invest in creating new versions of these products.
The coefficient of compensation controls the minimum satisfaction degree and the compromise degree among the objectives implicitly (Torabi and Hassini 2008); in other words, it is the degree of decision makers' willingness of to sacrifice their aspiration levels for their goals (Selim and Ozkarahan 2008).
This curve shows the probability that the treatment is efficient according to the decision makers' willingness to pay.
In these cases, the cost effectiveness of the insulin analog will depend on the decision makers' willingness to pay.
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Figure 1 shows the probability of the intervention being cost-effective on a continuum of hypothetical threshold values for decision-makers willingness to pay for an additional QALY.
Figure 2 shows the probability of the intervention being cost-effective at a continuum of hypothetical threshold values for decision-makers' willingness to pay for an additional QALY.
The net benefit was estimated by valuing each dyad's QALY gain, using a range of hypothetical threshold values for decision-makers' willingness to pay for a QALY (from £0 to £100 000) and subtracting the observed cost for the dyad.
These included decision-makers' willingness to consider research results as input for decision-making, and political stability...and the existence of research networks or commissions which provide a favourable arena for interaction between research and decision-making' [ 10].
We estimated the net benefit using a range of hypothetical threshold values for decision-makers' willingness to pay for a QALY (from DKK 0 to DKK 500000) and presented the incremental cost and incremental effects visually in a so-called cost-effectiveness acceptability curve (CEAC).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com