Encyclopaedia

Explore comprehensive, evidence-informed explanations of key health economics concepts, including their development, application and relationships to other concepts. Published entries are validated through human expert review.

221240 of 279 concepts

Simpson Method

A numerical integration technique approximating a definite integral by fitting a series of parabolic segments to the function, more accurate than linear approximation.

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Simpson Rule

A numerical integration technique approximating a definite integral by fitting a series of parabolic curves to the function being integrated.

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Simulated Annealing

An optimisation technique modelled on slowly cooling metal, occasionally accepting worse solutions during search to avoid becoming trapped in a poor local solution.

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Simulation Method

A general approach to estimating a model's results by repeatedly running it computationally, rather than solving for results using closed-form equations.

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SIR Model

A basic epidemic model dividing a population into susceptible, infectious, and recovered compartments, representing flow between them using differential equations.

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Sobol Indices

Variance-based global sensitivity measures decomposing a model's total output variance into portions attributable to each input parameter and their interactions.

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Sobol Sequence

A method generating a sequence of points that fills a multidimensional space more evenly than simple random sampling, improving simulation efficiency.

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Spline Model

A model using piecewise polynomial functions joined smoothly at knots to represent a flexible, non-linear relationship such as time and hazard.

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Standardised Mortality Ratio Application

The use of a standardised mortality ratio to adjust survival estimates for background mortality within a health economic model.

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State Occupancy

The amount of time, typically in cycles, that a patient or cohort proportion spends within a given health state in a Markov model.

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State Reward

The cost or health outcome value assigned to a health state within a Markov model, accrued for each cycle a patient occupies it.

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State Space Model

A modelling framework representing a system's evolution over time through a defined set of possible states and transition probabilities between them.

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State Transition Model

A general term for a decision-analytic model, such as a Markov model, representing disease progression as movement between defined health states.

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Statistical Fit

A measure of how well a specified statistical model's predictions align with observed data, judging whether the specification adequately fits the pattern.

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Stochastic Analysis

An analysis in which a model incorporates randomness explicitly, so repeated runs under the same inputs can produce different results, unlike a deterministic model.

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Stochastic Programming

An optimisation framework incorporating parameter uncertainty directly into the process, seeking a solution that performs well across possible parameter values.

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Stock and Flow Model

A system dynamics structure representing accumulations, called stocks, such as infected individuals, and the rates of change into and out of them, called flows.

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Stratified Log-Rank

A variant of the log-rank test accounting for stratifying variables, comparing survival within each stratum before combining into an overall statistic.

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Stratified Sampling

A sampling technique dividing a population into distinct subgroups, called strata, and drawing a separate sample from each to ensure adequate representation.

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Structural Sensitivity Analysis

A sensitivity analysis testing how results change under alternative structural assumptions, such as a different survival extrapolation function, rather than parameter values.

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