P2L7 Flashcards
1
Q
What is CMA?
A
Cost minimization-analysis
compare the costs of different interventions or treatments that achieve the same outcome.
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.
3
Q
What is MDA?
A
Multicritera decision analysis
Combines several consequences and compare alternatives
4
Q
What is CBA?
A
Cost-benefit analysis
Compares cost and benefit in monetary terms
5
Q
What is WTP?
A
Willingness to pay, a threshold used by decision makers
