An Efficient Estimator for the Expected Value of Sample Information

Conclusions. The proposed algorithms remove two major challenges for estimating EVSI—the difficulty of estimating the posterior parameter distribution given hypothetical study data and the need for many model evaluations to obtain stable and unbiased results. These approaches make EVSI estimation feasible for a wide range of analytic scenarios.

Source: Medical Decision Making - February 29, 2016 Category: Health Management Authors: Menzies, N. A. Tags: Original Articles Source Type: research