Heath, Anna, Strong, Mark, Glynn, David orcid.org/0000-0002-0989-1984 et al. (3 more authors) (2022) Simulating Study Data to Support Expected Value of Sample Information Calculations:A Tutorial. Medical Decision Making. pp. 143-155. ISSN 1552-681X
Abstract
The expected value of sample information (EVSI) can be used to prioritize avenues for future research and design studies that support medical decision making and offer value for money spent. EVSI is calculated based on 3 key elements. Two of these, a probabilistic model-based economic evaluation and updating model uncertainty based on simulated data, have been frequently discussed in the literature. By contrast, the third element, simulating data from the proposed studies, has received little attention. This tutorial contributes to bridging this gap by providing a step-by-step guide to simulating study data for EVSI calculations. We discuss a general-purpose algorithm for simulating data and demonstrate its use to simulate 3 different outcome types. We then discuss how to induce correlations in the generated data, how to adjust for common issues in study implementation such as missingness and censoring, and how individual patient data from previous studies can be leveraged to undertake EVSI calculations. For all examples, we provide comprehensive code written in the R language and, where possible, Excel spreadsheets in the supplementary materials. This tutorial facilitates practical EVSI calculations and allows EVSI to be used to prioritize research and design studies.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © The Author(s) 2021 |
Keywords: | Algorithms,Cost-Benefit Analysis,Humans,Models, Statistical,Uncertainty |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Centre for Health Economics (York) |
Depositing User: | Pure (York) |
Date Deposited: | 17 Dec 2021 11:50 |
Last Modified: | 19 Nov 2024 00:41 |
Published Version: | https://doi.org/10.1177/0272989X211026292 |
Status: | Published |
Refereed: | Yes |
Identification Number: | 10.1177/0272989X211026292 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:181735 |