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.

561580 of 1017 concepts

Meta-Regression Transfer

A form of benefit transfer in which a regression model estimated across many original studies predicts a value for a new context based on its characteristics.

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Method of Moments

A technique estimating a distribution's parameters by equating sample moments, such as mean and variance, to their theoretical population equivalents.

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Metropolis-Hastings

A Markov chain Monte Carlo algorithm generating samples by proposing candidate values and accepting or rejecting them by a rule ensuring convergence.

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Micro-Costing

A detailed bottom-up costing method that identifies and values every individual resource consumed, such as each minute of staff time.

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Microsimulation

A simulation technique modelling individual entities separately through time based on their own characteristics and randomly sampled events, with results emerging from the total.

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Minimal Clinically Important Difference

The smallest change in an outcome measure that patients or clinicians would consider meaningful, used to judge whether a statistically significant result matters clinically.

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Minimal Important Difference

The smallest change in a health outcome measure a patient would perceive as beneficial, or that would prompt a clinician to change management.

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Minimal Residual Disease

The small amount of disease still detectable using highly sensitive techniques after treatment appears, by less sensitive measures, to have achieved complete response.

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Minimally Important Difference

The threshold change in a health outcome score considered meaningful, estimated using either anchor-based or distribution-based methods.

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Missing at Random

A missing data classification indicating the probability of a value being missing depends on other observed variables, not the missing value itself.

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Missing Completely at Random

A missing data classification indicating the probability of missingness is entirely unrelated to any observed or unobserved variables, the strongest assumption.

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Missing Not at Random

A missing data classification indicating the probability of missingness depends on the unobserved value itself, even after accounting for other variables.

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Mixed Effects Model

A modelling approach including both fixed effects for average relationships and random effects for individual variation, suited to nested or repeated data.

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Mixed Model Repeated Measures

A longitudinal trial analysis method using a mixed effects framework under the missing at random assumption, an alternative to last observation carried forward.

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Mixed Treatment Comparison

An earlier term for network meta-analysis, describing the statistical combination of direct and indirect evidence across a connected treatment network.

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Mixture Cure Model

A cure model treating the population as a mixture of a cured fraction facing only background mortality and an uncured fraction remaining at risk.

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Mixture Model

A statistical model representing a population as a combination of two or more distinct subgroups, each following its own underlying distribution.

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Mode

A central tendency measure representing the most frequently occurring value within a dataset.

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Model Averaging

A statistical technique combining predictions from several plausible candidate models, weighted by their relative statistical support, rather than relying on one selected model.

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Model Diagnostics

A set of statistical and technical checks assessing a model's performance, such as poor calibration or unstable results under minor input changes.

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