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Non-parametric Bayesian value of information analysis

Non-parametric Bayesian value of information analysis

Non-parametric Bayesian value of information analysis. Aim: To inform the efficient allocation of research resources Objectives: To use all the available information regarding the alternative sources of funding To be sufficiently simple to apply to enable widespread adoption. Requirements.

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279 views • 17 slides
Non-parametric Bayesian value of information analysis

Non-parametric Bayesian value of information analysis

Non-parametric Bayesian value of information analysis. Aim: To inform the efficient allocation of research resources Objectives: To use all the available information regarding the alternative sources of funding To be sufficiently simple to apply to enable widespread adoption. Requirements.

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226 views • 17 slides
Non-parametric Bayesian value of information analysis

Non-parametric Bayesian value of information analysis

Non-parametric Bayesian value of information analysis. Aim: To inform the efficient allocation of research resources Objectives: To use all the available information regarding the alternative sources of funding To be sufficiently simple to apply to enable widespread adoption. Requirements.

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178 views • 17 slides
800

800

.7. 0. A+. EVPI(A)=240. .3. 800. A-. .5. 3600. 5600. .7. C+. 2280. B. C. A. A+. .6. .5. 1600. .3. B+. C-. -800. .5. 1776. A-. 1800. 3800. .7. C. C+. B-. .4. 1020. A. .5. A+. -200. .3. C-. -800. A-. EVPI(B)=1776-1370=406. EVPI(C)=1860-1370=490.

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167 views • 1 slides

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