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.

1 term matching “Flexible Parametric Model”

F

Flexible Parametric ModelSpline-Based Survival Model, Flexible Hazard Model
A flexible parametric model is a fully specified regression model that represents a transformed survival function with smooth functions of time, commonly restricted cubic splines, so complex hazards and time-varying effects can be estimated and extrapolated.