Option Appraisal

Definitions

Health Economics

  • This is the use of cost-benefit analysis or cost-effectiveness analysis and related techniques to assess the desirability of one option relative to another, to help decision-makers understand the critical differences between options and to select their preferred one. It is not really distinguishable from these methods of analysis.
  • synonymInvestment Appraisal
    (written as option appraisal)
http://www.dictionarycentral.com/definition/option-appraisal.html