Value of Information


The specific objectives of the pilot study were to:

  • Demonstrate the benefits of using appropriate decision analytic methods and value of information analysis to inform research recommendations.
  • Establish the feasibility and resource implications of applying these methods in a timely way, to inform NICE.
  • Identify critical issues and methodological challenges to the use of value of information methods for research recommendations (with particular regard to the new reference case as a suitable basis for this type of analysis).
DSU Report

A pilot study of value of information analysis to support research recommendations for NICE (June 2005)

Related publication

A Wailoo, A Sutton, N Cooper, D Turner, K Abrams, A Brennan, K Nicholson. Cost-effectiveness and value of information analyses of neuraminidase inhibitors for the treatment of influenza. Value in Health 2008; Vol 11 (2): 160-171.