Using informative prior based on expert opinion in Bayesian estimation of the transition probability matrix in Markov modelling—an example from the cost-effectiveness analysis of the treatment of patients with predominantly negative symptoms of schizophrenia with cariprazine

Abstract Background When patient health state transition evidence is missing from clinical literature, analysts are inclined to make simple assumptions to complete the transition matrices within a health economic model. Our aim was to provide a solution for estimating transition matrices by the Baye...

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Bibliographic Details
Main Authors: Zoltán Vokó, István Bitter, Beatrix Mersich, János Réthelyi, Anett Molnár, János G. Pitter, Árpád Götze, Margit Horváth, Kristóf Kóczián, Laura Fonticoli, Filippo Lelli, Bertalan Németh
Format: Article
Language:English
Published: BMC 2020-08-01
Series:Cost Effectiveness and Resource Allocation
Subjects:
Online Access:http://link.springer.com/article/10.1186/s12962-020-00224-w