Literature DB >> 22052730

Research decisions in the face of heterogeneity: what can a new study tell us?

Nicky Welton1, A E Ades.   

Abstract

Willan and Eckermann describe a method for dealing with heterogeneity in value of information (VOI) calculations for prioritising and designing new research. Their article raises three fundamental (inter-related) issues for VOI methods: (1) how to make sense of the concept of uncertainty in a cost-effectiveness analysis (CEA) model, (2) the interpretation of heterogeneity in CEA, and (3) the relationship between data from a new study and the CEA model when there is heterogeneity. We discuss these three issues using an illustrative example meta-analysis of magnesium for myocardial infarction. Careful consideration of the relationship between existing (and future) evidence and the CEA model is required to provide practical VOI methods that can help research funders prioritise new research in the face of heterogeneity.
Copyright © 2011 John Wiley & Sons, Ltd.

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Year:  2011        PMID: 22052730     DOI: 10.1002/hec.1797

Source DB:  PubMed          Journal:  Health Econ        ISSN: 1057-9230            Impact factor:   3.046


  3 in total

Review 1.  A systematic and critical review of the evolving methods and applications of value of information in academia and practice.

Authors:  Lotte Steuten; Gijs van de Wetering; Karin Groothuis-Oudshoorn; Valesca Retèl
Journal:  Pharmacoeconomics       Date:  2013-01       Impact factor: 4.981

2.  Accounting for Heterogeneity in Relative Treatment Effects for Use in Cost-Effectiveness Models and Value-of-Information Analyses.

Authors:  Nicky J Welton; Marta O Soares; Stephen Palmer; Anthony E Ades; David Harrison; Manu Shankar-Hari; Kathy M Rowan
Journal:  Med Decis Making       Date:  2015-02-23       Impact factor: 2.583

3.  Use of a random effects meta-analysis in the design and analysis of a new clinical trial.

Authors:  Hayley E Jones; A E Ades; Alex J Sutton; Nicky J Welton
Journal:  Stat Med       Date:  2018-09-06       Impact factor: 2.373

  3 in total

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