Dictionary

The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.

2 terms matching “Commitment Intervention”

C

Commitment InterventionCommitment Device, Commitment Mechanism
A mechanism allowing individuals to voluntarily restrict their own future choices in advance, such as committing to a savings plan.

P

Pre-Commitment Intervention
A mechanism allowing a person to voluntarily restrict future choices in advance to support a desired long-term behaviour.