Cost-effectiveness analysis with OpenMarkov
The last version of OpenMarkov can perform cost-effectiveness analysis (CEA) with influence diagrams (IDs), Markov influence diagrams (MIDs) and decision analysis networks (DANs).
Influence diagramsThis technical report describes OpenMarkov's algorithm for performing CEA with influence diagrams. It uses the following example: ProbModelXML networks. You can download them, open them in OpenMarkov and execute: Tools > Deterministic cost-effectiveness analysis.
The algoritm for influence diagrams is based on an algorithm for CEA with decision trees.
Markov influence diagrams (MIDs, formerly called MPADs)
The tutorial contains a chapter that explains how to do CEA with MIDs.
The slides of this seminar give an overview of our group's research and OpenMarkov's capabilities.