Resources Repository
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ArticlePublication 2022Economic Value of Clinical Artificial Intelligence
Artificial intelligence (AI) is increasingly used in clinical applications. Nevertheless, its flexibility and difficulties around …
Artificial intelligence (AI) is increasingly used in clinical applications. Nevertheless, its flexibility and difficulties around collecting data on its clinical impacts make value assessment challenging. This article uses a value framework as the basis for assessing how AI may create value depending on how it is used. Authors also provide advice to health economists seeking to model AI’s clinical impacts. There are multiple ways that AI challenges traditional health technology assessment methodology. Authors highlight several…
Value of Information | Technology Assessment | Economics/Finance | Science/Technology | Global -
ArticlePublication 2022Vaccinations versus Lockdowns to Prevent COVID-19 Mortality
This analysis estimated the costs associated with preventing Covid-19 deaths by vaccinations versus lockdowns. Publicly …
This analysis estimated the costs associated with preventing Covid-19 deaths by vaccinations versus lockdowns. Publicly available datasets from the Israeli Ministry of Health were used to model the parameters of the pandemic in Israel. The Oxford COVID-19 Government Response Tracker was used for quantitative data on government policies. Data on the Israeli economy were taken from the Central Bureau of Statistics. The models demonstrate that the first lockdown prevented 1022 COVID-19 deaths at the cost…
Decision Theory | Costing Methods | Health Outcomes | State-Transition | Decision Analysis | Infectious Diseases | Policy/Regulation | Economics/Finance | Government/Law | Health/Medicine | Middle East & North Africa -
ArticlePublication 2022Emerging Therapies for COVID-19: The Value of Information From More Clinical Trials
The COVID-19 pandemic necessitated time-sensitive policy and implementation decisions regarding new therapies in the face …
The COVID-19 pandemic necessitated time-sensitive policy and implementation decisions regarding new therapies in the face of uncertainty. This study aimed to quantify consequences of approving therapies or pursuing further research. The authors used a cohort state-transition model for hospitalized patients with COVID-19 to estimate quality-adjusted life-years (QALYs) and costs associated with multiple drug regimens and usual care. For each they assessed immediate approval, use only in research, emergency use authorization or reject. They conducted cost-effectiveness…
Value of Information | State-Transition | Benefit-Cost Analysis | Infectious Diseases | Policy/Regulation | Economics/Finance | North America | Europe -
ArticlePublication 2021Rational Policymaking during a Pandemic
Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and …
Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and its global impacts are unprecedented, decisions are taken in a highly uncertain, complex, and rapidly changing environment. In such a context, in which human lives and the economy are at stake, the authors argue that using ideas and constructs from modern decision theory, even informally, will make policymaking a more responsible and transparent process.
Decision Theory | Priority Setting/Ethics | Infectious Diseases | Policy/Regulation | Government/Law | Health/Medicine | Science/Technology | Global -
OrganizationWeb Portal 2024Society for Medical Decision Making
The Society for Medical Decision Making (SMDM), founded in 1979, works to improve health and …
The Society for Medical Decision Making (SMDM), founded in 1979, works to improve health and clinical care of individuals and populations through the advancement of systematic methods to address decision-making under conditions of uncertainty, and to provide a training ground for scholars in the field of medical decision making. Members include researchers, clinicians, educators, managers and policy makers from varied backgrounds and academic disciplines. SMDM provides opportunities for collaboration, networking and mentorship to professionals and trainees…
Value of Information | Preferences/Values | Priority Setting/Ethics | Costing Methods | Decision Analysis | Cost-Effectiveness Analysis | Health/Medicine | Global | North America | Europe -
OrganizationWeb Portal 2024Institute for Clinical and Economic Review (ICER)
ICER is a non-profit organization that evaluates evidence on a range of topics including the value …
ICER is a non-profit organization that evaluates evidence on a range of topics including the value of medical tests, treatments and delivery system innovations and moves that evidence into action to improve the health care system. To accomplish this goal ICER performs analyses on effectiveness and costs, supports specific programs, and develops reports using innovative methods that make it easier to translate evidence into decisions that can align efforts to use evidence to drive improvements in both…
Value of Information | Preferences/Values | Priority Setting/Ethics | Evidence Synthesis | Cost-Effectiveness Analysis | Technology Assessment | Infectious Diseases | Chronic Disease/Risk | Mental Health | Health Systems | Business/Industry | Economics/Finance | Government/Law | Health/Medicine | Science/Technology | North America | Europe -
OrganizationWeb Portal, Teaching Resource 2024Behavioraleconomics.com
Behavioraleconomics.com is the official home of the online behavioral science network, Behavioral Economics Group, The …
Behavioraleconomics.com is the official home of the online behavioral science network, Behavioral Economics Group, The Behavioral Economics Guide, and a behavioral science blog that publishes the latest ideas and practices from academia, business and public policy. This resource portal contains the current and past versions of the Behavioral Economics Guide, a job board, a behavioral economics event calendar, postgraduate programs, and multiple resources such as the Mini (B)Encyclopedia which defines behavioral science concepts, TED Talks on various…
Decision Theory | Decision Psychology | Preferences/Values | Global -
OrganizationWeb Portal 2024American Statistical Association (ASA)
The American Statistical Association (ASA) founded in 1839, is the world’s second-oldest, continuously operating professional association …
The American Statistical Association (ASA) founded in 1839, is the world’s second-oldest, continuously operating professional association in the country. The ASA has supported the development, application, and dissemination of statistical science through meetings, publications, membership services, accreditation, fellowships and grants, and advocacy. ASA provides educational materials for K–12 undergraduate and graduate faculty, statistics students, and statisticians in developing countries, including classroom resources, publications in statistics education, guidelines and reports, professional development resources, communities, competitions, programs, and resources…
Decision Theory | Probability/Bayes | Evidence Synthesis | Business/Industry | Climate/Environment | Education/Labor | Food/Agriculture | Health/Medicine | Military/Defense | Science/Technology | Global | North America -
OrganizationWeb Portal 2024International Society for Bayesian Analysis (ISBA)
The International Society for Bayesian Analysis (ISBA) was founded in 1992 to promote the development …
The International Society for Bayesian Analysis (ISBA) was founded in 1992 to promote the development and application of Bayesian analysis. By sponsoring and organizing meetings, publishing the electronic journal Bayesian Analysis, and other activities, ISBA provides an international community for those interested in Bayesian analysis and its applications, and includes interest sections on topics such as biostatistics/pharmaceuticals, computation, economics/finance/business, education research/practice, environmental sciences, industrial statistics, nonparametrics and objective Bayes. Bayesian Analysis is the electronic journal…
Decision Theory | Probability/Bayes | Business/Industry | Climate/Environment | Education/Labor | Health/Medicine | Science/Technology | Global