Skip to main content
Journal cover image

Assessing uncertainty in cost-effectiveness analyses: application to a complex decision model.

Publication ,  Journal Article
Parmigiani, G; Samsa, GP; Ancukiewicz, M; Lipscomb, J; Hasselblad, V; Matchar, DB
Published in: Med Decis Making
1997

A framework for quantifying uncertainty about costs, effectiveness measures, and marginal cost-effectiveness ratios in complex decision models is presented. This type of application requires special techniques because of the multiple sources of information and the model-based combination of data. The authors discuss two alternative approaches, one based on Bayesian inference and the other on resampling. While computationally intensive, these are flexible in handling complex distributional assumptions and a variety of outcome measures of interest. These concepts are illustrated using a simplified model. Then the extension to a complex decision model using the stroke-prevention policy model is described.

Duke Scholars

Published In

Med Decis Making

DOI

ISSN

0272-989X

Publication Date

1997

Volume

17

Issue

4

Start / End Page

390 / 401

Location

United States

Related Subject Headings

  • Quality-Adjusted Life Years
  • Models, Statistical
  • Humans
  • Health Policy & Services
  • Health Care Costs
  • Decision Support Techniques
  • Cost-Benefit Analysis
  • Computer Simulation
  • Cerebrovascular Disorders
  • Bayes Theorem
 

Citation

APA
Chicago
ICMJE
MLA
NLM
Parmigiani, G., Samsa, G. P., Ancukiewicz, M., Lipscomb, J., Hasselblad, V., & Matchar, D. B. (1997). Assessing uncertainty in cost-effectiveness analyses: application to a complex decision model. Med Decis Making, 17(4), 390–401. https://doi.org/10.1177/0272989X9701700404
Parmigiani, G., G. P. Samsa, M. Ancukiewicz, J. Lipscomb, V. Hasselblad, and D. B. Matchar. “Assessing uncertainty in cost-effectiveness analyses: application to a complex decision model.Med Decis Making 17, no. 4 (1997): 390–401. https://doi.org/10.1177/0272989X9701700404.
Parmigiani G, Samsa GP, Ancukiewicz M, Lipscomb J, Hasselblad V, Matchar DB. Assessing uncertainty in cost-effectiveness analyses: application to a complex decision model. Med Decis Making. 1997;17(4):390–401.
Parmigiani, G., et al. “Assessing uncertainty in cost-effectiveness analyses: application to a complex decision model.Med Decis Making, vol. 17, no. 4, 1997, pp. 390–401. Pubmed, doi:10.1177/0272989X9701700404.
Parmigiani G, Samsa GP, Ancukiewicz M, Lipscomb J, Hasselblad V, Matchar DB. Assessing uncertainty in cost-effectiveness analyses: application to a complex decision model. Med Decis Making. 1997;17(4):390–401.
Journal cover image

Published In

Med Decis Making

DOI

ISSN

0272-989X

Publication Date

1997

Volume

17

Issue

4

Start / End Page

390 / 401

Location

United States

Related Subject Headings

  • Quality-Adjusted Life Years
  • Models, Statistical
  • Humans
  • Health Policy & Services
  • Health Care Costs
  • Decision Support Techniques
  • Cost-Benefit Analysis
  • Computer Simulation
  • Cerebrovascular Disorders
  • Bayes Theorem