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.
A
- Analytical Method
- A mathematical approach solving a model using closed-form equations, unlike a simulation-based approach relying on repeated random sampling.
M
- Methodological Uncertainty
- Uncertainty arising from the choice of analytical methods or structural assumptions, such as discount rate, rather than the numerical values used within a fixed method.
N
- Novel Effectiveness Research
- Effectiveness research using a newly developed analytical method not previously applied to evaluating real-world treatment performance.
- Novel System Analysis
- A system analysis employing an analytical method not previously applied to understand a given health system's performance.