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.
C
- Confidence EllipseJoint Confidence Region, CE-Plane Ellipse
- A graphical region, typically on a cost-effectiveness plane, showing where the true joint value of incremental cost and effect is expected to fall.
- Cost-Effectiveness PlaneCE Plane, Incremental Cost-Effect Plane
- A graph plotting an intervention's incremental cost against its incremental effect relative to a comparator, cost on the vertical axis and effect on the horizontal.
N
- Northeast QuadrantNE Quadrant, More Costly More Effective Quadrant
- The region of the cost-effectiveness plane where a new intervention is both more costly and more effective than its comparator.
- Northwest QuadrantNW Quadrant, Dominated Quadrant
- The region of the cost-effectiveness plane where a new intervention is both more costly and less effective than its comparator.
S
- Scatter PlotScatter Diagram, Scattergram, Scatter Chart
- A graphical display showing individual data points along two axes, commonly used to plot probabilistic sensitivity analysis results on the cost-effectiveness plane.
- Southeast QuadrantSE Quadrant, Dominant Quadrant
- The region of the cost-effectiveness plane where a new intervention is both less costly and more effective than its comparator.
- Southwest QuadrantSW Quadrant, Less-Costly-Less-Effective Quadrant
- The region of the cost-effectiveness plane where a new intervention is both less costly and less effective than its comparator.