| Benefit transfer |  
Use of information designed for one specific con.text to address policy questions in another context | 
| Cycle |  
Time horizon of the Markov simulation divided into equal increments of time; e.g. one year | 
| DDD |  
Defined Daily Dose. Based on definition from WHO, the recommended units of medication for one day | 
| Direct costs |  
Value of medical resources directly related to the treatment | 
| Disease state |  
Progression of a disease characterised by distinct disease situations (states) | 
| DRG |  
Diagnosis Related Groups. System used to assign costs to hospital services | 
| Gross production loss |  
Value of lost production possibilities | 
| GP |  
General Practitioner | 
| HA |  
Hospital Ambulatory | 
| ICD-10 |  
International Classification of diseases. 10th revision. | 
| Indirect costs |  
Value of individual welfare loss and production loss | 
| Markov model |  
State transition model describing progression of a disease or event | 
| Markov model |  
Markov model where the transition probabilities vary (Time dependent) over time | 
| MS |  
Medical Specialist | 
| Net production loss |  
Value of lost net saving to the economy | 
| Transition probability |  
Probability of moving from one state to another during a single cycle | 
| Unit cost estimate |  
Cost per event (e.g. episode of acute headache) or per disease over lifetime (lung cancer) | 
| Utilisation rate |  
Number of services used within a given time period | 
| VLS |  
Value of a statistical life | 
| WTP |  
Willingness to pay |