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Measuring patient preferences for health outcomes: a decision analytic approach
Abstract:
Decision analysis is a quantitative method used to assist difficult decisions. Its goal is to add insights when decision makers are faced with uncertainty. Decision analysis entails estimating the likelihood of clinical events, and, in addition, placing values on those events that are considered outcomes of interest. Placing values on clinical outcomes is called utility analysis. This paper introduces the utility analytic techniques used to quantify the worth of health outcomes for patients.
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