We found a match
Your institution may have rights to this item. Sign in to continue.
- Title
Value of Information Literature Analysis: A Review of Applications in Health Risk Management.
- Authors
Fumie Yokota; Kimberly M. Thompson
- Abstract
This article provides the first comprehensive review of value of information (VOI) analyses related to health risk management published in English in peer-reviewed journals by the end of 2001. VOI analysis represents a decision analytic technique that explicitly evaluates the benefit of collecting additional information to reduce or eliminate uncertainty. Through a content analysis of VOI applications, this article characterizes various attributes of VOI applications, shows the evolution of the methodology and advances in computing tools that allow analysis of increasingly complex problems, and suggests the need for some standardization of reporting methods and results. The authors' analysis shows a lack of cross-fertilization across topic areas and the tendency of articles to focus on demonstrating the usefulness of the VOI approach rather than applications to actual management decisions. This article provides important insights for VOI applications in medical decision making.
- Subjects
HEALTH risk assessment; MEDICAL literature; DECISION making; MEDICAL care; PREVENTIVE medicine
- Publication
Medical Decision Making, 2004, Vol 24, Issue 3, p287
- ISSN
0272-989X
- Publication type
Article
- DOI
10.1177/0272989X04263157