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.

Concepts, entries and ontology terms

A concept page is a published entry on the wiki. Some concepts also have a full encyclopaedia article. The Health Economics Ontology (HEO) holds every concept, including dictionary terms without an article, so it is larger than the list of published pages. The knowledge graph shows how concepts relate to each other.

Chance Node

A chance node is a point in a decision tree where an uncertain event, not a choice, decides the pathway, and its branch probabilities sum to one.

Economic ModellingExpert Verified4 related concepts

Chi-Square Distribution

The chi-square distribution describes a sum of squared independent standard normals and is the reference for likelihood ratio, heterogeneity and fit tests.

Evidence SynthesisExpert Verified2 related concepts

Choice Architecture Intervention

A choice architecture intervention changes how health options are set out, such as defaults, order or placement, to shift choices without removing options.

Economic EvaluationExpert Verified3 related concepts

Choice Experiment Design

Choice experiment design is the plan of attributes, levels and choice tasks in a DCE, which fixes the health preference effects that can be estimated.

Economic EvaluationExpert Verified5 related concepts

Choice Model Estimate

Choice model estimate is a preference weight, or a derived value such as willingness to pay, from a choice model fitted to stated or revealed choices.

Economic EvaluationExpert Verified4 related concepts

Choice Overload

Choice overload is the effect in which a large or complex set of options can lead people to defer a choice or regret it, as in health insurance markets.

Economic EvaluationExpert Verified1 related concept

Choice Set

The group of alternatives, typically hypothetical options and sometimes a status quo, presented to a respondent in a single choice task.

Economic EvaluationExpert Verified1 related concept

Choice Theory

Choice theory is the economic theory of how people choose among options given preferences and limited resources, underpinning demand and health valuation.

Economic EvaluationExpert Verified7 related concepts

Choice-Based Conjoint

Choice-based conjoint (CBC) is conjoint analysis in which patients or others choose between sets of described treatments or services rather than rate them.

Economic EvaluationExpert Verified7 related concepts

Cholesky Decomposition

Cholesky decomposition factorises a positive-definite covariance matrix into a triangular matrix and its transpose, used to sample correlated PSA inputs.

Economic ModellingExpert Verified3 related concepts

Classification Accuracy

Classification accuracy is the proportion of cases a test, coder or prediction rule assigns to the correct category, judged against a reference standard.

Evidence SynthesisExpert Verified2 related concepts

Classification Methods

Classification methods are statistical and machine learning techniques that assign patients or other cases to predefined classes, such as risk groups.

Evidence SynthesisExpert Verified2 related concepts

Clawback

Clawback is a payment that medicine manufacturers return to a payer when total public spending on medicines exceeds an agreed cap.

PharmacoeconomicsExpert Verified1 related concept

Clinical Benefit Rate

Clinical benefit rate (CBR) is the share of cancer trial patients with a complete or partial response, or stable disease lasting a set minimum time.

PharmacoeconomicsExpert Verified5 related concepts

Clinical Decision Analysis

Clinical decision analysis is a method for choosing a patient's test or treatment by combining outcome probabilities and utilities in a decision tree.

Economic EvaluationExpert Verified7 related concepts

Clinical Development Plan

A clinical development plan is a sponsor's ordered programme of clinical trials, with decision points, to support marketing approval and often HTA.

PharmacoeconomicsExpert Verified3 related concepts

Clinical Plausibility

Clinical plausibility is the extent to which a health economic model's structure, inputs and results agree with clinical knowledge of the disease.

Economic ModellingExpert Verified3 related concepts

Clinical Trial Design

Clinical trial design is the protocol plan for a trial's comparator, population, endpoints, follow-up and sample size, setting how far results inform HTA.

PharmacoeconomicsExpert Verified4 related concepts

Closed-Form Analytical Method

A closed-form analytical method solves a health economic model with a formula, such as a matrix inverse, instead of by simulation or random sampling.

Economic ModellingExpert Verified5 related concepts

Club Goods

Club goods are excludable goods a group can share without rivalry until congestion sets in, so users can be charged and membership limited.

Economic EvaluationExpert Verified3 related concepts