Discount RateAnnual Discount Percentage, Time-Value Rate, Discounting Rate
The annual percentage applied to future costs or health outcomes to express them in present-value terms and permit consistent comparison across time.
Cost-Effectiveness Analysis
Terms used to compare the costs and health effects of alternative interventions and judge value for money.
- Topic: Cost-Effectiveness Analysis
- 42 terms
- Editor reviewed
Distributional Cost-EffectivenessDCEA
Distributional cost-effectiveness analysis evaluates how a health intervention changes both total health and its distribution across socially relevant population groups, including the distribution of health opportunity costs.
DominanceSimple Superiority, Strict Cost-Effect Advantage
A relationship between two interventions in which one is both less costly and more effective, making the other an inferior choice regardless of threshold.
Dominated AlternativeDominated Option, Inferior Alternative
An intervention that is both more costly and less effective than another option, or a combination of options, and so should not be selected.