RT @AndrewPGrieve: @stephensenn @lakens I should have clearer. In Bayesian design approaches the distribution of the yet-to-be observed dat…
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@stephensenn @lakens I should have clearer. In Bayesian design approaches the distribution of the yet-to-be observed data enters via the unconditional (or prior) predictive distribution. In the the case of VOI this is clear from equation (1) of Pearce et a
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RT @WarwickComplex: "Value of information methods to design a clinical trial in a small population to optimise a health economic utility fu…
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"Value of information methods to design a clinical trial in a small population to optimise a health economic utility function" - new publication from Michael Pearce et al. in @BMC_series Medical Research Methodology https://t.co/WKHelAoQKT