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.

261280 of 682 concepts

Half-Life

The time required for a drug's concentration in the body to fall by half, a key parameter determining dosing frequency.

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Harrell C-Index

A survival model discrimination measure generalising the ROC area under curve to time-to-event data, the probability the model ranks patients correctly.

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Hazard Function

A function describing the instantaneous risk of an event at a given point in time, conditional on having survived to that point.

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Hazard Rate

The instantaneous probability of an event at a specific point in time, given survival without the event up to then, on a continuous scale.

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Hazard-to-Probability Conversion

The mathematical transformation converting an instantaneous hazard rate into the probability of an event occurring over a specific discrete time interval.

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Health Behaviour

An action or pattern of action that affects an individual's health, healthcare use or response to prevention and treatment.

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Health Capital

The stock of health an individual holds at a given time, modelled as a durable asset that yields healthy time and depreciates with age.

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Health Depreciation

The rate at which an individual's stock of health capital declines over time, generally assumed to accelerate with age.

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Health Investment

Resources an individual or system devotes to maintaining or improving health capital, including healthcare use, exercise, and other health-promoting behaviour.

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Health Production Function

A theoretical relationship describing how inputs such as healthcare, education, income, and lifestyle combine to produce health as an output.

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Healthcare Production Function

A theoretical relationship describing how medical inputs, such as physician time, tests, and drugs, combine to produce healthcare services or outcomes.

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Hedges' G

A standardised effect size measure similar to Cohen's d but corrected for small sample size bias.

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Herd Immunity Threshold

The proportion of a population that must be immune to achieve herd immunity, mathematically related to a pathogen's basic reproduction number.

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Hidden Markov Model

A statistical model in which the true underlying state cannot be directly observed, only indicated indirectly and probabilistically by observable data.

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Hierarchical Model

A modelling approach representing nested data, such as patients within hospitals, allowing effects to vary at each level while borrowing statistical strength.

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Hierarchical Testing

A multiple testing strategy organising hypotheses into a prespecified sequence, so later tests are only conducted if earlier, higher-priority tests succeed.

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Hosmer-Lemeshow Test

A goodness of fit test assessing how well a logistic regression model's predicted probabilities match observed outcome frequencies across risk groups.

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Human Capital Approach

A method for valuing productivity lost to illness, disability, or premature death, based on the market wages the person would otherwise have earned.

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Hyperbolic Discounting

A pattern of time preference in which people discount the near future more steeply than the distant future, unlike constant exponential discounting.

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Hypothesis Testing

A formal framework for evaluating whether observed data provide enough evidence to reject a null hypothesis in favour of an alternative.

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