Construct · 1 fields · 1 citations

expected value of partial perfect information: a standalone construct

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Decision science

the expected gain from learning the true values of a subset of uncertain parameters before deciding.

In decision science, expected value of partial perfect information refers to the expected gain from learning the true values of a subset of uncertain parameters before deciding. This meaning comes from Brennan (2007) in Medical Decision Making.[1]

Unit
Recovery means
Measured by

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Nearby constructs

expectation4 fields · 4 citationsjingle · one word, four constructs gain4 fields · 4 citationsjingle · one word, four constructs information4 fields · 5 citationsjingle · one word, four constructs

References

Brennan, A., Kharroubi, S., O'Hagan, A., & Chilcott, J. (2007). Calculating Partial Expected Value of Perfect Information via Monte Carlo Sampling Algorithms. Medical Decision Making, 27(4), 448-470. https://doi.org/10.1177/0272989x07302555

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