The use of probabilistic decision models in technology assessment : the case of total hip replacement.

Journal article

There is increasing recognition that decision modelling is central to health technology assessment and, in particular, to analyses to support formal decision making regarding the funding of the use of new technologies. In part, the key role of decision analysis stems from the need to handle multiple sources of uncertainty in the available evidence. The use of probabilistic decision analysis is a means of reflecting the parameter uncertainty in models and presenting this in a comprehensible ma...

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Authors: Briggs, A; Sculpher, M; Dawson, J; Fitzpatrick, R; Murray, D

• Journal: Applied health economics and health policy
• Volume: 3
• Issue: 2
• Pages: 79-89
• Publication date: 2004-01-01
• DOI: 10.2165/00148365-200403020-00004
• EISSN: 1179-1896
• ISSN: 1175-5652
• Language: English
• Keywords: Cost-Benefit Analysis; Middle Aged; Adult; Quality-Adjusted Life Years; State Medicine; Humans; Arthroplasty, Replacement, Hip; Technology Assessment, Biomedical; Great Britain; Aged; Markov Chains; Reoperation; Aged, 80 and over; Female; Decision Support Techniques; Male; Survival Analysis