3 papers
q-bio.QM2024
Microsimulation Estimates of Decision Uncertainty and Value of Information Are Biased but Consistent
Jeremy D. Goldhaber-Fiebert, Hawre Jalal, Fernando Alarid Escudero
Individual-level state-transition microsimulations (iSTMs) have proliferated for economic evaluations in place of cohort state transition models (cSTMs). Probabilistic economic eva…
stat.ME2024
Estimating the EVSI with Gaussian Approximations and Spline-Based Series Methods
Linke Li, Hawre Jalal, Anna Heath
Background. The Expected Value of Sample Information (EVSI) measures the expected benefits that could be obtained by collecting additional data. Estimating EVSI using the tradition…
stat.ME2024
A Nonparametric Approach for Estimating the Effective Sample Size in Gaussian Approximation of Expected Value of Sample Information
Linke Li, Hawre Jalal, Anna Heath
The effective sample size (ESS) measures the informational value of a probability distribution in terms of an equivalent number of study participants. The ESS plays a crucial role…