IDEAS home Printed from https://ideas.repec.org/a/inm/oropre/v37y1989i2p210-228.html
   My bibliography  Save this article

The Confidence Profile Method: A Bayesian Method for Assessing Health Technologies

Author

Listed:
  • David M. Eddy

    (Duke University, Durham, North Carolina)

Abstract

The Confidence Profile Method is a Bayesian method for adjusting and combining pieces of evidence to estimate parameters, such as the effect of health technologies on health outcomes. The information in each piece of evidence is captured in a likelihood function that gives the likelihood of the observed results of the evidence as a function of possible values of the parameter. A posterior distribution is calculated from Bayes formula as the product of the likelihood function and a prior distribution. Multiple pieces of evidence are incorporated by successive applications of Bayes' formula. Pieces of evidence are adjusted for biases to internal or external validity by modeling the biases and deriving “adjusted” likelihood functions that incorporate the models. Likelihood functions have been derived for one-, two- and multi-arm prospective studies; 2 × 2, 2 × n and matched case-control studies, and cross-sectional studies. Biases that can be incorporated in likelihood functions include crossover in controlled trials, error in measurement outcomes, patient selection biases, differences in technologies, and differences in length of follow-up. Effect measures include differences of rates, ratios of rates, and odds ratios. The elements of the method are illustrated with an analysis of the effect of a thrombolytic agent on the difference in probability of 1-year survival after a heart attack.

Suggested Citation

  • David M. Eddy, 1989. "The Confidence Profile Method: A Bayesian Method for Assessing Health Technologies," Operations Research, INFORMS, vol. 37(2), pages 210-228, April.
  • Handle: RePEc:inm:oropre:v:37:y:1989:i:2:p:210-228
    DOI: 10.1287/opre.37.2.210
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/opre.37.2.210
    Download Restriction: no

    File URL: https://libkey.io/10.1287/opre.37.2.210?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. A. E. Ades & Karl Claxton & Mark Sculpher, 2006. "Evidence synthesis, parameter correlation and probabilistic sensitivity analysis," Health Economics, John Wiley & Sons, Ltd., vol. 15(4), pages 373-381, April.
    2. David M. Eddy & Vic Hasselblad & Ross Shachter, 1990. "An Introduction to a Bayesian Method for Meta-analysis," Medical Decision Making, , vol. 10(1), pages 15-23, February.
    3. Jeremy D. Goldhaber-Fiebert, 2012. "Accounting for Biases When Linking Empirical Studies and Simulation Models," Medical Decision Making, , vol. 32(3), pages 397-399, May.
    4. Woertman, Willem & Vermeulen, Bram & Groenewoud, Hans & van der Wilt, Gert Jan, 2013. "Evidence based policy decisions through a Bayesian approach: The case of a statin appraisal in the Netherlands," Health Policy, Elsevier, vol. 112(3), pages 234-240.
    5. Mehrez, A. & Yuan, Y. & Gafni, A., 1995. "The search for information -- A patient perspective on multiple opinions," European Journal of Operational Research, Elsevier, vol. 85(2), pages 244-262, September.
    6. A. E. Ades & G. Lu, 2003. "Correlations Between Parameters in Risk Models: Estimation and Propagation of Uncertainty by Markov Chain Monte Carlo," Risk Analysis, John Wiley & Sons, vol. 23(6), pages 1165-1172, December.
    7. K. M. Rhodes & J. Savović & R. Elbers & H. E. Jones & J. P. T. Higgins & J. A. C. Sterne & N. J. Welton & R. M. Turner, 2020. "Adjusting trial results for biases in meta‐analysis: combining data‐based evidence on bias with detailed trial assessment," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 183(1), pages 193-209, January.
    8. Newmark Armstrong, Georgina & Lairson, David R., 2006. "Cost-effectiveness of alternate contact protocols and costs of mammography promotion interventions for women veterans," Evaluation and Program Planning, Elsevier, vol. 29(2), pages 120-129, May.
    9. Vic Hasselblad & Douglas C. McCrory, 1995. "Meta-analytic Tools for Medical Decision Making: A Practical Guide," Medical Decision Making, , vol. 15(1), pages 81-96, February.
    10. A. E. Ades & S. Cliffe, 2002. "Markov Chain Monte Carlo Estimation of a Multiparameter Decision Model: Consistency of Evidence and the Accurate Assessment of Uncertainty," Medical Decision Making, , vol. 22(4), pages 359-371, August.
    11. Kevin P. Brand & Mitchell J. Small, 1995. "Updating Uncertainty in an Integrated Risk Assessment: Conceptual Framework and Methods," Risk Analysis, John Wiley & Sons, vol. 15(6), pages 719-729, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:oropre:v:37:y:1989:i:2:p:210-228. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.