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.
S
- Scenario AnalysisScenario Testing, What-If Analysis
- Scenario analysis evaluates how model results and decisions change across explicitly defined, internally coherent combinations of alternative assumptions, inputs, structures, or future conditions.
- Scenario DefinitionScenario Specification, Assumption Set Definition
- The process of specifying the complete, internally consistent set of alternative assumptions that together make up a single scenario within scenario analysis.
- Scenario GenerationScenario Construction, Scenario Building
- The process of constructing alternative assumption combinations for scenario analysis, typically informed by clinical expert input on which choices are genuinely uncertain.
W
- Worst Case Scenario
- A combination of assumptions representing the least favourable plausible circumstances for an intervention's cost-effectiveness, used within scenario analysis.