Terms for building and checking decision models, including decision trees, Markov models and simulation methods.
Half-cycle correction is a within-cycle adjustment in discrete-time state-transition models that approximates time-accruing costs or health effects between recorded state-occupancy endpoints.
A mathematical representation of the costs and health outcomes of alternative interventions over a defined time horizon, used when single-study data are insufficient.
A specific combination of levels across the dimensions measured by a health status instrument, describing a person's condition at a point in time.