Construct · 1 fields · 1 citations

friction cost method: a standalone construct

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Health economics

valuing production lost to illness only for the period until a sick or deceased worker is replaced.

In health economics, friction cost method refers to valuing production lost to illness only for the period until a sick or deceased worker is replaced. This meaning comes from Koopmanschap (1995) in Journal of Health Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructs friction6 fields · 12 citationsjingle · one name, six constructs period1 fields · 1 citationsanchor · a standalone construct

References

Koopmanschap, M. A., Rutten, F. F. H., van Ineveld, B. M., & van Roijen, L. (1995). The friction cost method for measuring indirect costs of disease. Journal of Health Economics, 14(2), 171-189. https://doi.org/10.1016/0167-6296(94)00044-5

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