Costly sequential experimentation and project valuation with an application to health technology assessment

DOI10.1016/j.jedc.2017.01.016zbMath1401.90099OpenAlexW2589162257MaRDI QIDQ1655657

Daniele Bregantini, Jacco J. J. Thijssen

Publication date: 9 August 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://eprints.whiterose.ac.uk/113052/1/HTA_JEDC_R2.pdf

zbMATH Keywords

optimal stoppingsequential experimentationhealth technology assessment

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50)

Related Items (4)

The impact of operational delay on irreversible investment under Knightian uncertainty ⋮ Kalman filter approach to real options with active learning ⋮ On sticky bookmaking as a learning device in horse-racing betting markets ⋮ Optimal timing of non-pharmaceutical interventions during an epidemic

Cites Work

• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Unnamed Item
• Strategic experimentation with private payoffs
• On the optimal stopping problem for one-dimensional diffusions.
• Acquisition of Project-Specific Assets with Bayesian Updating
• On the Best 2-CUSUM Stopping Rule for Quickest Detection of Two-Sided Alternatives in a Brownian Motion Model
• Strategic Experimentation
• The Optimal Level of Experimentation
• Strategic experimentation with Poisson bandits
• Group Sequential Tests for Delayed Responses (with discussion)
• Strategic Experimentation with Exponential Bandits
• OPTIMAL STOPPING WITH DELAYED INFORMATION
• Applied stochastic control of jump diffusions

This page was built for publication: Costly sequential experimentation and project valuation with an application to health technology assessment