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.
P
- Probability of Cost-EffectivenessProbability CE, Likelihood of Cost-Effectiveness
- The probability of cost-effectiveness is the model-based probability that an intervention meets a stated net-benefit criterion against specified alternatives at a given willingness-to-pay threshold under the assumed uncertainty distribution.