2024
DOI: 10.1177/0272989x241262037
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Methods to Quantify the Importance of Parameters for Model Updating and Distributional Adaptation

David Glynn,
Susan Griffin,
Nils Gutacker
et al.

Abstract: Purpose Decision models are time-consuming to develop; therefore, adapting previously developed models for new purposes may be advantageous. We provide methods to prioritize efforts to 1) update parameter values in existing models and 2) adapt existing models for distributional cost-effectiveness analysis (DCEA). Methods Methods exist to assess the influence of different input parameters on the results of a decision models, including value of information (VOI) and 1-way sensitivity analysis (OWSA). We apply 1)… Show more

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