Power and Sample Size Calculations for Stochastic Cost-Effectiveness Analysis
- 1 April 1998
- journal article
- research article
- Published by SAGE Publications in Medical Decision Making
- Vol. 18 (2_suppl) , S81-S92
- https://doi.org/10.1177/0272989x98018002s10
Abstract
As the data for economic analyses are increasingly collected prospectively alongside clinical trials, many commentators have highlighted that the sample sizes in such trials should be based on the requirements for the economic analysis as well as those for the clinical evaluation. However, issues associated with sample size calculations for economic analysis have yet to receive the rigorous attention given to sample size calculation for clinical evaluation. In particular, no sample size formula for cost-ef fectiveness analysis is available for analysts hoping either to calculate the required sample size at the design stage of a study or to calculate the power a given size of clinical trial will generate for cost-effectiveness analysis. Building on the recent liter ature for calculating confidence intervals for cost-effectiveness ratios, the authors ex plore possible techniques for deriving a sample size formula for cost-effectiveness analysis based on simple combination of the confidence limits on costs and effects. Key words: cost-effectiveness; economic analysis; sample size; methodology. (Med Decis Making 1998;18 suppl:S81-S92)Keywords
This publication has 26 references indexed in Scilit:
- Explanatory and pragmatic attitudes in therapeutical trialsPublished by Elsevier ,2004
- Economic foundations of cost-effectiveness analysisJournal of Health Economics, 1997
- Confidence intervals for cost-effectiveness ratios: An application of Fieller's theoremHealth Economics, 1996
- Statistical Analysis in Pharmacoeconomic StudiesPharmacoEconomics, 1996
- The Decision Rules of Cost-Effectiveness AnalysisPharmacoEconomics, 1996
- Confidence intervals for cost/effectiveness ratiosHealth Economics, 1995
- Costs, effects and C/E‐ratios alongside a clinical trialHealth Economics, 1994
- Statistical Versus Quantitative Significance in the Socioeconomic Evaluation of MedicinesPharmacoEconomics, 1994
- In Search of Power and Significance: Issues in the Design and Analysis of Stochastic Cost-Effectiveness Studies in Health CareMedical Care, 1994
- The Importance of Beta, the Type II Error and Sample Size in the Design and Interpretation of the Randomized Control TrialNew England Journal of Medicine, 1978