Resources Repository
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GuidelinesPublication 2012Modeling Good Research Practices - Overview: A Report of the ISPOR-SMDM Modeling Task Force-1
This paper provides an overview of the work of the joint Task Force between the …
This paper provides an overview of the work of the joint Task Force between the International Society for Pharmacoeconomics and Outcomes Research (ISPOR) and the Society for Medical Decision Making (SMDM), provides the overarching recommendations, and discusses future work that is needed. The audience for these papers includes anyone who build models, stakeholders who utilize their results, and those concerned with the use of models to support decision making. This article is part 1 of…
Microsimulation | Decision Analysis | Health/Medicine | Costing Methods | Health Outcomes | Value of Information | Mathematical Models | State-Transition | Dynamic Transmission | Calibration/Validation | Dynamic Simulation | Infectious Diseases -
ArticlePublication 2007Decision Analysis: A Personal Account of How It Got Started and Evolved
In this chapter, Howard Raiffa discusses the evolution of decision analysis and his personal involvement …
In this chapter, Howard Raiffa discusses the evolution of decision analysis and his personal involvement in its development. He describes the early days of Operations Research (OR) in the late 1940s with its approach to complex, strategic decision making. After reading John von Neumann and Oskar Morgenstern’s Theory of Games and Economic Behavior (1947) and Abraham Wald’s two books (1947, 1950), he became involved in statistical decision theory. A few years later, after reading Leonard…
Operations Research | Decision Analysis | Health/Medicine | Decision Theory | Probability/Bayes | Preferences/Values | Business/Industry | Economics/Finance | Energy/Engineering -
ArticlePublication 2006Can Discrete Event Simulation be of Use in Modeling Major Depression?
This article, published in Cost Effectiveness and Resource Allocation, reviews the published literature on Markov …
This article, published in Cost Effectiveness and Resource Allocation, reviews the published literature on Markov models in depression and identified potential limitations in using this particular modelling approach in this disease area. Additionally, the authors develop a “Discrete Event Simulation” (DES) model to investigate the benefits and drawbacks of this simulation method compared with Markov modelling techniques. The findings of this study indicate that the most important limitation of using Markov models in depression is…
Microsimulation | Decision Analysis | Health/Medicine | State-Transition | Mental Health -
ArticlePublication 2024Hepatitis C Elimination in Rwanda: Progress, Feasibility, Economic Evaluation
This study evaluates the impact of Rwanda's national program launched in 2018 to eliminate hepatitis …
This study evaluates the impact of Rwanda's national program launched in 2018 to eliminate hepatitis C virus (HCV) and identifies strategies to achieve World Health Organization (WHO) elimination goals by 2030. Employing a microsimulation model spanning 2015 to 2050, the analysis assesses HCV epidemic trends, prevalence, mortality, and total care costs under various scenarios. Results show that between 2018 and 2022, over 7 million people were screened and 60,000 treated, projecting Rwanda's potential achievement of…
Microsimulation | Health/Medicine | Infectious Diseases | Chronic Disease/Risk | Sub-Saharan Africa -
ArticlePublication 2013Modeling the Effectiveness of Initial Management Strategies for Ductal Carcinoma in Situ
This paper compares alternative strategies to manage ductal carcinoma in situ (DCIS). The authors used …
This paper compares alternative strategies to manage ductal carcinoma in situ (DCIS). The authors used a disease simulation model to simulate the clinical events after six treatments (lumpectomy alone, lumpectomy with radiation, lumpectomy with radiation and tamoxifen, lumpectomy with tamoxifen, and mastectomy with and without breast reconstruction). Outcomes included disease-free, invasive disease-free, overall survival and breast preservation. Data were from the published literature. The results showed that for women aged 45 years at diagnosis, both mastectomy…
Decision Analysis | Health/Medicine | Health Outcomes | Clinical Care -
ArticlePublication 2023Designing Guidelines for Those Who Do Not Follow Them: Impact of Adherence Assumptions on Optimal Screening Guidelines
This study examines the impact of real-world screening adherence on the cost-effectiveness of cervical cancer …
This study examines the impact of real-world screening adherence on the cost-effectiveness of cervical cancer screening guidelines. Using a microsimulation model of cervical carcinogenesis, the researchers projected long-term health and economic outcomes for 18 screening algorithms under various adherence scenarios. These included perfect adherence, eight high- and low-coverage "random-complier" scenarios, and three "systematic-complier" scenarios reflecting conditional screening behavior over a lifetime. Results showed that perfect adherence favored the least intensive screening strategy, while any level…
Microsimulation | Health/Medicine | Mathematical Models | Cost-Effectiveness Analysis | Chronic Disease/Risk -
ArticlePublication 2023Cost-Effectiveness and Long-Term Savings of the Bright Bodies Intervention for Childhood Obesity
This study evaluates the cost-effectiveness of Bright Bodies, a family-based pediatric weight management intervention, using …
This study evaluates the cost-effectiveness of Bright Bodies, a family-based pediatric weight management intervention, using a microsimulation model projecting 10-year BMI trajectories of children with obesity. Data from a randomized controlled trial and follow-up study inform the model, which estimates the intervention's effect on BMI reduction and incremental costs compared to clinical control. Results indicate that Bright Bodies reduces BMI by 1.67 kg/m2 per year over 10 years, with an incremental cost of $360 per…
Microsimulation | Health/Medicine | Cost-Effectiveness Analysis | Child/Nutrition | North America -
ArticlePublication 2023New Type 2 Diabetes Microsimulation Model to Estimate Long-Term Health Outcomes, Costs, Cost-Effectiveness
This study presents a microsimulation model designed to estimate the health effects, costs, and cost-effectiveness …
This study presents a microsimulation model designed to estimate the health effects, costs, and cost-effectiveness of interventions for type 2 diabetes in the United States. Unlike existing models that rely on UK data, this model incorporates newly derived risk equations based on US studies, enhancing its applicability to the US context. The model features a highly modular architecture allowing for easy addition of new modules and interventions, facilitating policy decision-making. Internal validation showed good performance,…
Microsimulation | Health/Medicine | Cost-Effectiveness Analysis | Chronic Disease/Risk | North America -
ArticlePublication 2023Context Matters: Emotional Sensitivity to Probabilities and the Bias for Action in Cancer Treatment Decisions
The study investigates the commission bias in cancer treatment decisions and its association with emotional …
The study investigates the commission bias in cancer treatment decisions and its association with emotional sensitivity to probabilities (ESP), which reflects how individuals gauge emotional reactions to probability information. Participants (N = 1,055) made hypothetical treatment choices between surgery and watchful waiting under varying mortality probabilities. Logistic regression analysis, incorporating the Possibility Probability Questionnaire (PPQ) and other individual differences, revealed a commission bias favoring surgery regardless of mortality probabilities. An interaction effect indicated that higher…
Decision Psychology | Health/Medicine | Chronic Disease/Risk