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
- Strict DominanceSimple Dominance, Absolute Dominance
- A situation where one intervention is unambiguously better than another because it is both less costly and more effective.
W
- Weak DominanceNon-Strict Dominance, Weakly Dominated Option
- A situation where an intervention is inferior not to any single alternative but to a combination of two other available options.