• DocumentCode
    3152644
  • Title

    Algorithm for Making Decision with the Incremental Cost-Effectiveness Ratio handling the Mirror Decision-Making Problem

  • Author

    Siani, Carole ; De Peretti, Christian

  • Author_Institution
    Dept. of Comput. Sci., Univ. of Claude Bernard Lyon, Lyon
  • Volume
    1
  • fYear
    2006
  • fDate
    4-6 Oct. 2006
  • Firstpage
    366
  • Lastpage
    371
  • Abstract
    This paper deals with the handling of uncertainty in the context of cost-effectiveness analyses, through the building of confidence regions for the incremental cost-effectiveness ratio (ICER), to provide a statistical descriptive tool for helping medico-economic decision-making. However, the confidence region for the ICER, mathematically provided, cannot be directly usable for decision-making, because two identical ICERs can be associated with two totally opposite findings. To solve this problem, algorithms are developed in this paper, to provide on the one hand a directed confidence region usable for decision-making, and on the other hand a decision directly from the data.
  • Keywords
    biology; decision making; economics; statistical analysis; incremental cost-effectiveness ratio handling; medico-economic decision-making; mirror decision-making problem; statistical descriptive tool; Clinical trials; Costs; Decision making; Medical diagnostic imaging; Medical treatment; Mirrors; Stochastic processes; Systems engineering and theory; Technological innovation; Uncertainty; ICER; algorithm; decision-making;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Engineering in Systems Applications, IMACS Multiconference on
  • Conference_Location
    Beijing
  • Print_ISBN
    7-302-13922-9
  • Electronic_ISBN
    7-900718-14-1
  • Type

    conf

  • DOI
    10.1109/CESA.2006.4281680
  • Filename
    4281680