Concept information
Preferred term
cost-effectiveness
Definition
- The term cost-effectiveness has been used in a number of different contexts and can have a number of different intended meanings. In the broadest sense, the term cost-effectiveness has been used to describe whether the value that something produces is worth what it costs. [Source: Encyclopedia of Health and Behavior; Cost-Effectiveness]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/cost-effectiveness
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