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.
A
- Attribute
- A characteristic of a good or service that is varied systematically across profiles in a choice experiment, such as price or waiting time.
L
- Level
- A specific value an attribute can take within a discrete choice experiment, such as a waiting time of two weeks versus six.
P
- Patient Flow Model
- A discrete event simulation or related model representing how patients move through a healthcare facility, capturing waiting times and resource bottlenecks.
Q
- Queuing Model
- A mathematical model describing how entities wait in line for limited servers, used to analyse average waiting time and server utilisation.
W
- Waiting Time
- The interval between a patient's referral for a service and the point at which they actually receive it, a responsiveness indicator.