P2L7 Flashcards

1
Q

What is CMA?

A

Cost minimization-analysis
compare the costs of different interventions or treatments that achieve the same outcome.

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2
Q

What is CCA?

A

Cost-concequence analyss
lists both the costs and outcomes of different interventions without combining them into a single metric.

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3
Q

What is MDA?

A

Multicritera decision analysis
Combines several consequences and compare alternatives

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4
Q

What is CBA?

A

Cost-benefit analysis
Compares cost and benefit in monetary terms

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5
Q

What is WTP?

A

Willingness to pay, a threshold used by decision makers

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