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Erschienen in: PharmacoEconomics 2/2015

01.02.2015 | Practical Application

A Practical Guide to Value of Information Analysis

verfasst von: Edward C. F. Wilson

Erschienen in: PharmacoEconomics | Ausgabe 2/2015

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Abstract

Value of information analysis is a quantitative method to estimate the return on investment in proposed research projects. It can be used in a number of ways. Funders of research may find it useful to rank projects in terms of the expected return on investment from a variety of competing projects. Alternatively, trialists can use the principles to identify the efficient sample size of a proposed study as an alternative to traditional power calculations, and finally, a value of information analysis can be conducted alongside an economic evaluation as a quantitative adjunct to the ‘future research’ or ‘next steps’ section of a study write up. The purpose of this paper is to present a brief introduction to the methods, a step-by-step guide to calculation and a discussion of issues that arise in their application to healthcare decision making. Worked examples are provided in the accompanying online appendices as Microsoft Excel spreadsheets.
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Metadaten
Titel
A Practical Guide to Value of Information Analysis
verfasst von
Edward C. F. Wilson
Publikationsdatum
01.02.2015
Verlag
Springer International Publishing
Erschienen in
PharmacoEconomics / Ausgabe 2/2015
Print ISSN: 1170-7690
Elektronische ISSN: 1179-2027
DOI
https://doi.org/10.1007/s40273-014-0219-x

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