Optimizing Monte Carlo Sampling in Health-Economic Modeling: Underlying Concepts and Parameter Definitions

Sep 1, 2025, 00:00
10.1016/j.jval.2025.02.020
https://www.valueinhealthjournal.com/article/S1098-3015(25)02467-2/fulltext
Title : Optimizing Monte Carlo Sampling in Health-Economic Modeling: Underlying Concepts and Parameter Definitions
Citation : https://www.valueinhealthjournal.com/action/showCitFormats?pii=S1098-3015(25)02467-2&doi=10.1016/j.jval.2025.02.020
First page : 1454
Section Title : LETTER TO THE EDITOR
Open access? : No
Section Order : 1454

The research presented by Yaesoubi is of great interest for the subject of Monte Carlo (MC) simulations in health-economic modeling. Indeed, the justification for determining N (2nd-order MC, parameter sampling) and P (1st-order MC, same individuals) is very rarely, if at all absent from health-economic studies. The aim of this response is to extend the discussion by looking at underlying concepts such as variability versus uncertainty, the limits of (pseudo)-random number generators, calculation constraints, and alternative ways of determining N and P to optimize the number of simulations.

 

Categories :
  • Decision Modeling & Simulation
  • Methodological & Statistical Research
  • Modeling and simulation
  • Study Approaches
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