2020
DOI: 10.1177/0272989x20924019
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Using Both Time Tradeoff and Discrete Choice Experiments in Valuing the EQ-5D: Impact of Model Misspecification on Value Sets

Abstract: Introduction. The EQ-5D-5L valuation protocol contains both time tradeoff (TTO) tasks and discrete choice experiments (DCE), raising the question of how to best use these in creating a value set. The hybrid model, which combines TTO and DCE data, has emerged as a commonly used approach. However, this model assumes independence among responses from the same individual, a linear relationship between TTO and DCE utilities, and, in many implementations, homoscedastic residuals. The aims of this study are to examin… Show more

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Cited by 2 publications
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“…Although we used the hybrid model that combined the responses and allowed us to maximize information extraction from both c-TTO and DCE data sets, its use has been argued as it assumes linear associations between DCE and TTO utilities. 43,44 As the demand for value sets rapidly increases due to the increased use of HTA in decision-making across the globe, there has been a felt need for more efficient ways to obtain value sets. This presents 2 pertinent questions which require further research: (1) How many health states are required to be directly valued (through interviewing respondents) to predict correctly valid utility values for all 3125 health states in the EQ-5D-5L descriptive system?…”
Section: Discussionmentioning
confidence: 99%
“…Although we used the hybrid model that combined the responses and allowed us to maximize information extraction from both c-TTO and DCE data sets, its use has been argued as it assumes linear associations between DCE and TTO utilities. 43,44 As the demand for value sets rapidly increases due to the increased use of HTA in decision-making across the globe, there has been a felt need for more efficient ways to obtain value sets. This presents 2 pertinent questions which require further research: (1) How many health states are required to be directly valued (through interviewing respondents) to predict correctly valid utility values for all 3125 health states in the EQ-5D-5L descriptive system?…”
Section: Discussionmentioning
confidence: 99%