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
- Clinical Decision AnalysisCDA, Clinical Decision Modelling
- A decision analysis applied to a specific clinical choice, such as whether to treat, test, or observe a patient, making explicit the underlying probabilities and value judgements.
D
- Decision AnalysisDecision-Analytic Approach, Decision Modelling Framework
- In health economics, a systematic quantitative approach to choosing among options under uncertainty by modelling their expected costs and consequences.
I
- Integrated Decision AnalysisCombined Decision Analysis, Unified Decision Model
- A decision analysis that combines clinical, economic, and patient preference data into a single model rather than separate analyses.
M
- MCDA in HTAMulti-Criteria HTA, MCDA Appraisal
- The application of multi-criteria decision analysis within assessment, weighing multiple factors such as benefit, cost, and equity together explicitly.
- Multi-Criteria Decision AnalysisMCDA, Multi-Criteria Appraisal, Multi-Criteria Analysis HTA
- Multi-criteria decision analysis is a family of structured methods that compares alternatives across multiple explicit criteria and incorporates judgments about the trade-offs among them.
V
- Value MatrixValue Grid, Value Assessment Matrix
- A structured framework, often within multi-criteria decision analysis, organising multiple value criteria and scores for a set of technologies for comparison.