ArticleMedical decision making : an international journal of the Society for Medical Decision Making2018
A Gaussian Approximation Approach for Value of Information Analysis.
Article in Medical decision making : an international journal of the Society for Medical Decision Making, 2018. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 29 papers.
What it found
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
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Who cites it
29 citing papers in PubMed.
- A Pragmatic Bayesian Adaptive Trial Design Based on the Value of Information: The Value-Driven Adaptive Design.Medical decision making : an international journal of the Society for Medical Decision Making · 2026Article
- Impact of Serotype Uncertainty on Adult Pneumococcal Vaccine Options: A Value of Information Analysis.American journal of preventive medicine · 2026Article
- The cost of non-drug interventions that improve function and reduce dementia-related behaviors.BMC geriatrics · 2025Article
- Meta-Modeling as a Variance-Reduction Technique for Stochastic Model-Based Cost-Effectiveness Analyses.Medical decision making : an international journal of the Society for Medical Decision Making · 2025Article
- A Nonparametric Approach for Estimating the Effective Sample Size in Gaussian Approximation of Expected Value of Sample Information.Medical decision making : an international journal of the Society for Medical Decision Making · 2025Article
- Accurate EVSI Estimation for Nonlinear Models Using the Gaussian Approximation Method.Medical decision making : an international journal of the Society for Medical Decision Making · 2024Article
- Making Drug Approval Decisions in the Face of Uncertainty: Cumulative Evidence versus Value of Information.Medical decision making : an international journal of the Society for Medical Decision Making · 2024Article
- Cost-effectiveness of direct surgery versus preoperative octreotide therapy for growth-hormone secreting pituitary adenomas.Pituitary · 2022Article
- Metamodeling for Policy Simulations with Multivariate Outcomes.Medical decision making : an international journal of the Society for Medical Decision Making · 2022Article
- Emerging Therapies for COVID-19: The Value of Information From More Clinical Trials.Value in health : the journal of the International Society for Pharmacoeconomics and Outcomes Research · 2022Article
- Calculating Expected Value of Sample Information Adjusting for Imperfect Implementation.Medical decision making : an international journal of the Society for Medical Decision Making · 2022Article
- Prioritizing Research in an Era of Personalized Medicine: The Potential Value of Unexplained Heterogeneity.Medical decision making : an international journal of the Society for Medical Decision Making · 2022Article
- Population-Based Newborn Screening for Germline TP53 Variants: Clinical Benefits, Cost-Effectiveness, and Value of Further Research.Journal of the National Cancer Institute · 2022Article
- Expected Value of Sample Information to Guide the Design of Group Sequential Clinical Trials.Medical decision making : an international journal of the Society for Medical Decision Making · 2022Article
- Value of Information Analysis in Models to Inform Health Policy.Annual review of statistics and its application · 2022Article
- Simulating Study Data to Support Expected Value of Sample Information Calculations: A Tutorial.Medical decision making : an international journal of the Society for Medical Decision Making · 2022Article
- Probabilistic threshold analysis by pairwise stochastic approximation for decision-making under uncertainty.Scientific reports · 2021Article
- Is further research on adult pneumococcal vaccine uptake improvement programs worthwhile? Α value of information analysis.Vaccine · 2021Article
- Value of Information Analysis: Are We There Yet?PharmacoEconomics - open · 2021Article
- Comparison of Decision Modeling Approaches for Health Technology and Policy Evaluation.Medical decision making : an international journal of the Society for Medical Decision Making · 2021Article
Corrections and comments
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Authors and funding
2 authors.
Funding
Abstract
Most decisions are associated with uncertainty. Value of information (VOI) analysis quantifies the opportunity loss associated with choosing a suboptimal intervention based on current imperfect information. VOI can inform the value of collecting additional information, resource allocation, research prioritization, and future research designs. However, in practice, VOI remains underused due to many conceptual and computational challenges associated with its application. Expected value of sample information (EVSI) is rooted in Bayesian statistical decision theory and measures the value of information from a finite sample. The past few years have witnessed a dramatic growth in computationally efficient methods to calculate EVSI, including metamodeling. However, little research has been done to simplify the experimental data collection step inherent to all EVSI computations, especially for correlated model parameters. This article proposes a general Gaussian approximation (GA) of the traditional Bayesian updating approach based on the original work by Raiffa and Schlaifer to compute EVSI. The proposed approach uses a single probabilistic sensitivity analysis (PSA) data set and involves 2 steps: 1) a linear metamodel step to compute the EVSI on the preposterior distributions and 2) a GA step to compute the preposterior distribution of the parameters of interest. The proposed approach is efficient and can be applied for a wide range of data collection designs involving multiple non-Gaussian parameters and unbalanced study designs. Our approach is particularly useful when the parameters of an economic evaluation are correlated or interact.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.