BLRA (Benefit-Less-Risk Analysis)
1.Description
BLRA deals with multiple criteria decision problems using individual-level data. It organises observed adverse events into body functions for BR assessment. Benefits and risks are balanced by a defined proportionality constant f in the benefit-less-risk expression ∑"benefits"-f×∑"risks" .
2. Evaluation
2.1 Principle
- The BLRA framework helps to increase transparency in decision-making through a seven-step process:
- It requires estimates of the transition probabilities associated with each option.
- MDP may be applicable to all medical decision problems due to its dynamic nature.
2.2 Feature
- MDP allows multiple criteria and multiple options.
- Multiple criteria may make the structure of MDP very complicated.
- The application of MDP relies on the availability of transition probabilities between states within the model.
- MDP allows the benefit and risk status to change with time, but it may be challenging to obtain the transition probabilities data.
2.3 Visualisation
The main visualisations for MDP are:
- Network diagram
2.4 Assesability and accessibility
- Stakeholders may include their value preferences at each stage in the model.
- Understanding of the model may require extensive mathematical knowledge.
- MDP may be suitable for post-market decision based on long-term data.
- MDP may also be suitable to model the possible outcomes of patient's decision to undergo a certain therapy considering all the possibilities and consequences.
- It is often very difficult to clearly define health states which are central to the application of MDP.
- MDP is often modelled using software with programming language:
Matlab (http://www.mathworks.co.uk/products/matlab)
R (http://www.r-project.org).
- A specialist software for modelling simpler MDP models is:
Treeage (http://www.treeage.com)
3.References
[1]Sonnenberg FA, Beck JR. Markov models in medical decision making: a practical guide. Med Decis Making 1993 Oct;13(4):322-38.[2]Thompson JP, Noyes K, Dorsey ER, Schwid SR, Holloway RG. Quantitative risk-benefit analysis of natalizumab. Neurology 2008 Jul 29;71(5):357-64.