HERC Cost Effectiveness Analysis Seminar

Sensitivity Analyses for Decision Models

by Risha Gidwani, DrPH
Seminar date: 3/23/2022

Description: Inputs for a decision model come in the form of point estimates and these point estimates inevitably have some degree of uncertainty. Sensitivity analyses test how robust the model is to this uncertainty by varying model inputs and evaluating the effect of these variations on model results. This lecture will cover deterministic and probabilistic sensitivity analyses, the latter of which is increasingly necessary in order to publish one's model in a peer-reviewed journal. Intended Audience: This course is primarily designed for researchers who would like an introduction to methods of cost-effectiveness analysis and budget impact analysis as applied to health services and medicine.

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