Health

Researchers Assign Monetary Value to Pain for Accurate Assessment

Researchers Assign Monetary Value to Pain for Accurate Assessment
Editorial
  • PublishedSeptember 30, 2025

Scientists from Lancaster University have developed a novel method for assessing pain that assigns a monetary value to suffering, aiming to provide a more accurate and comparable measure. Traditional pain assessment techniques, which often rely on subjective ratings, can lead to inconsistencies in how pain is perceived and reported. This innovative approach promises to enhance the understanding and management of pain, particularly in clinical settings.

The study, conducted by a team led by Carlos Alós-Ferrer, Chair Professor of Economics at Lancaster University Management School, involved three randomized experiments with 330 healthy adults aged between 18 and 60. Participants were subjected to mild electrical and heat pain, as well as a controlled heat stimulus, while their pain levels were assessed using both conventional pain scales and a new method termed “monetary equivalence” (ME).

Participants were repeatedly asked whether they would accept a specific sum of money to experience the same painful stimulus again or opt for a smaller amount to avoid it. For example, they might be asked, “Would you prefer to receive 15 Swiss francs and feel the pain again, or 10 Swiss francs and avoid the pain?” This unique questioning revealed how much participants were willing to “pay” to avoid pain, effectively translating their discomfort into monetary terms.

Significant Findings from the Research

The results showed that the monetary methods outperformed standard pain scales in distinguishing between high- and low-pain conditions. Effect sizes for the ME methods were categorized as “very large,” significantly surpassing the “small to medium” effect sizes of traditional scales. This was particularly evident during an analgesic trial, where standard measures often failed to accurately report pain levels. The monetary measures identified differences effectively, even when participants were unaware of whether they had received a placebo or pain relief.

Statistical analysis provided decisive evidence that the ME methods predicted pain levels more accurately than conventional methods. Notably, the ME approach was reliable for both electrical and heat pain, indicating its broader applicability. This consistency suggests a potential for the method to be integrated into clinical trials, improving the sensitivity of pain measurements when evaluating new treatments.

Implications for Clinical Practice and Future Research

While the findings are promising, the study does have limitations. The sample comprised primarily Swiss university students, which may not reflect the experiences of older or more diverse populations. Additionally, the subjective nature of money—what it represents can vary widely among individuals—means that further adjustments will be necessary for real-world applications. Chronic pain, which incorporates emotional and functional dimensions, poses different challenges that this study did not address.

Despite these limitations, the researchers assert that a monetary pain scale could revolutionize pain management strategies. In clinical trials, it could enhance the precision of pain assessments when testing new analgesics or other treatments. Moreover, a monetary valuation of pain could assist healthcare providers in tailoring pain management plans more effectively, quantifying the impact of pain in ways traditional scales cannot.

The research was published in the journal Social Science & Medicine, marking a significant step in the quest for more objective and reliable pain assessment methods. The implications of this research extend beyond academia, potentially influencing clinical practices and improving the quality of life for individuals suffering from chronic pain conditions.

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