Calibrating Parameters for Microsimulation Disease Models: A Review and Comparison of Different Goodness-of-Fit

Alex van der Steen1, Joost van Rosmalen2, Sonja Kroep1

  • 1Departments of Public Health, Erasmus MC, Rotterdam, The Netherlands (AvdS, SK, FvH, EWS, HJdK, MvB, IL-V),

Summary

The likelihood-based deviance criteria provide the most accurate parameter estimation for microsimulation models, outperforming sum of squared errors and Pearson chi-square. These criteria are recommended for improved model calibration and cost-effectiveness analysis.

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