expected value of perfect information
Estimating Multiparameter Partial Expected Value of Perfect Information from a Probabilistic Sensitivity Analysis Sample: A Nonparametric Regression Approach
... partial expected value of perfect information (EVPI) quantifies the expected benefit of learning the values of uncertain parameters in a decision ...
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An Efficient Method for Computing Single-Parameter Partial Expected Value of Perfect Information
... words: expected value of perfect information; economic evaluation model; Monte Carlo methods; Bayesian decision theory; computational meth- ods; correlation (Med Decis Making ...
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Calculating partial expected value of perfect information via Monte Carlo sampling algorithms
... The objective of this paper is to examine the computation of partial EVPI estimates via Monte-Carlo sampling algorithms. In the next section, we define partial EVPI mathematically using expected value ...
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Learning to Ask Good Questions: Ranking Clarification Questions using Neural Expected Value of Perfect Information
... Inquiry is fundamental to communication, and machines cannot effectively collabo- rate with humans unless they can ask ques- tions. In this work, we build a neural net- work model for the task of ranking clarifi- cation ...
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Bayesian value-of-infomation analysis: an application to a policy model of Alzheimer's disease
... more information is required to inform this choice in the ...on expected utility, and the only valid reason to characterize the uncertainty surrounding outcomes of interest is to establish the value ...
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A systematic review of health economic evaluations of proton beam therapy for adult cancer: Appraising methodology and quality
... the value and prioritisation of future data collection through value of information ...able value by increasing the probability of making the optimal treatment ...the expected ...
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Intravenous immunoglobulin for severe sepsis and septic shock : clinical effectiveness, cost effectiveness and value of a further randomised controlled trial
... the expected value of perfect information (EVPI) ...the expected cost of current uncertainty by accounting both for the probability that a decision based on existing evidence is wrong ...
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Cost effectiveness and value of information analyses of islet cell transplantation in the management of ‘unstable’ type 1 diabetes mellitus
... single value known with ...(i.e., expected costs and effects of each interven- ...the expected costs and ef- fects of each intervention produced by this probabilistic ...our value of ...
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Probabilistic sensitivity analysis of optimised preventive maintenance strategies for deteriorating infrastructure assets
... the Expected Value of Perfect Information (EVPI) to perform decision-informed sensitivity analysis: to identify the key parameters of the problem and quantify the value of learning ...
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Quantifying the value of perfect information in emergency vaccination campaigns
... vaccination. Value of information methods can be applied to disease outbreak problems such as FMD in order to investigate the performance improvement from resolving ...the expected value of ...
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Are we over-estimating the value of further research? A review of methods used to estimate uptake in population expected value of information analyses
... on information and, for instance, differ from current to perfect ...conversely, information may be dependent on uptake in that further research would only be conducted if patients are using an ...and ...
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Assessing the Expected Value of Research Studies in Reducing Uncertainty and Improving Implementation Dynamics.
... for perfect information that is relevant to the calculation of the research EVPIM is generated using modifying assumptions on the elicited diffusion ...
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Climate targets and cost-effective climate stabilization pathways
... available information on mitigation costs and benefits and thereby derives an “optimal” global mean ...the expected economic value of perfect climate information is found to be on the ...
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Application of the Game Theory with Perfect Information to an agricultural company
... with perfect information (Mc Kinsey 1952; Owen 1958), whose vertex includes all possible alternatives of player ...on perfect information, it can be said that at least one equilibrium ...
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Calibration Uncertainty Evaluationof D-Dot Sensors
... integral value of the background ...integral value is calculated by ...integral value of the background noise series at different lengths are calculated directly by the statistical ...
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Estimating the expected value of sample information using the probabilistic sensitivity analysis sample: A fast, nonparametric regression-based method.
... under value-based pricing, the decision problem is to choose price to maximize profit, subject to the con- straint that additional health benefits do not cost more than the funder’s willingness to ...a ...
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Information integration in risky choice : identification and stability
... that information integration in risky choice may be additive rather than multi- ...parameter value are stable over time, this does not mean that correct model has been identi- ...in information inte- ...
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The value of health information exchange
... We encourage future research that addresses HIE techni- cal barriers that currently exist, such as security, improved end user data displays, and patient-centered HIE mechanisms. Furthermore, research must continue to ...
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Assessing the expected value of research resolving uncertainty and improving implementation
... The burden caused by low implementation was larger than the burden caused by uncertainty ( Table 3 ). This is because implementation of the dominating technology A was low (at 30%) to start with. At a per person level, ...
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... Of course, there are many sub-communities in Second Life. Some of these sub-communities own a huge amount of land and set their local rules. For example, the management group of Azure Island asks all residents and guests ...
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