A guide to value of information methods for prioritising research in health impact modelling.

In the example, suppose that a decision-maker will implement some policy if its health impacts are estimated to be greater than some value deemed practically significant, say, if the expected number of averted stroke cases E ( Y ) >k ,where k is chosen by the decision-maker’s judgement to account for the costs or harms of the policy (in practice, the model would also be extended to acknowledge that the policy might not achieve the intended change D ).

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