MCDM'09 - paper no. 8

 

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ON THE PROPERTIES OF STOCHASTIC MULTIPLE-CRITERIA COMPARISON METHODS IN HEALTH TECHNOLOGY ASSESSMENT

Bogumił Kamiński, Michał Jakubczyk

Abstract:

To ensure the optimal usage of scarce resources in the assessment of health technologies two criteria are used: costs and effectiveness of available options. For each treatment the evaluations of these criteria are obtained from clinical trials, cost and utility studies and therefore are given as random variables. In our research we compare the decision theoretic properties of expected net benefit, cost-effectiveness acceptability curve and expected value of perfect information methods of choosing the optimal treatment

Keywords:

Cost-effectiveness acceptability curves; net benefit; willingness to pay; uncertainty

Reference index:

Bogumił Kamiński, Michał Jakubczyk, (2010), ON THE PROPERTIES OF STOCHASTIC MULTIPLE-CRITERIA COMPARISON METHODS IN HEALTH TECHNOLOGY ASSESSMENT, Multiple Criteria Decision Making (5), pp. 121-134

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