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Do different decision-analytic modeling approaches produce different results? A systematic review of cross-validation studies.

Authors :
Tsoi, Bernice
Goeree, Ron
Jegathisawaran, Jathishinie
Tarride, Jean-Eric
Blackhouse, Gord
O'Reilly, Daria
Source :
Expert Review of Pharmacoeconomics & Outcomes Research; Jun2015, Vol. 15 Issue 3, p451-463, 13p
Publication Year :
2015

Abstract

When choosing a modeling approach for health economic evaluation, certain criteria are often considered (e.g., population resolution, interactivity, time advancement mechanism, resource constraints). However, whether these criteria and their associated modeling approach impacts results remain poorly understood. A systematic review was conducted to identify cross-validation studies (i.e., modeling a problem using different approaches with the same body of evidence) to offer insight on this topic. With respect to population resolution, reviewed studies suggested that both aggregate- and individual-level models will generate comparable results, although a practical trade-off exists between validity and feasibility. In terms of interactivity, infectious-disease models consistently showed that, depending on the assumptions regarding probability of disease exposure, dynamic and static models may produce dissimilar results with opposing policy recommendations. Empirical evidence on the remaining criteria is limited. Greater discussion will therefore be necessary to promote a deeper understanding of the benefits and limits to each modeling approach. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
14737167
Volume :
15
Issue :
3
Database :
Complementary Index
Journal :
Expert Review of Pharmacoeconomics & Outcomes Research
Publication Type :
Academic Journal
Accession number :
102601448
Full Text :
https://doi.org/10.1586/14737167.2015.1021336