Uncertainty & Value of Information

Terms for describing and quantifying uncertainty in economic evaluations and for valuing further research.

  • Topic: Uncertainty & Value of Information
  • 37 terms
  • Editor reviewed

1 term

Value of Information AnalysisApplied Value of Information, VOI Study, VOI Analysis

The application of value of information methods to a health economic decision, typically used to judge whether further research is worth conducting.