Decision Modelling for Health Economic Evaluation

By Andrew H. Briggs, Karl Claxton & Mark J. Sculpher

Decision Modelling for Health Economic Evaluation is a foundational reference for building and interpreting decision-analytic models used in health technology assessment (HTA). Published by Oxford University Press, this book provides a practical framework for developing models that support cost-effectiveness analysis and healthcare decision-making.

Widely used by health economists, outcomes researchers, and policy analysts, it explains how to structure decision problems, select appropriate modelling approaches (including decision trees and Markov models), populate models with evidence, quantify uncertainty, and present results for reimbursement and policy contexts.

What This Book Does

This book teaches how to design, implement, validate, and interpret decision-analytic models for economic evaluation, supporting robust cost-effectiveness and value-for-money assessments.

Key Features

• Step-by-step guidance on decision modelling for HTA and economic evaluation
• Decision trees, Markov models, and model structuring best practices
• Evidence synthesis, parameter estimation, and data inputs
• Handling uncertainty: sensitivity analysis and probabilistic methods
• Model validation, transparency, and reporting standards
• Essential reference for health economics and outcomes research

Who Should Use This Book?

• Health economists and HTA analysts
• Outcomes research and market access teams
• Public health and healthcare policy researchers
• Graduate students in health economics and epidemiology
• Researchers building cost-effectiveness models

Why It’s Essential

• Core text for decision modelling in health economics
• Practical modelling guidance aligned with HTA workflows
• Strong focus on uncertainty, transparency, and validation
• Widely cited in cost-effectiveness research and policy work

The essential guide to decision-analytic modelling for cost-effectiveness and HTA.
Order today from BooksGoat and strengthen your health economic evaluation skills.

Product Details

• ISBN-13: 9780198526629
• Authors: Andrew H. Briggs; Karl Claxton; Mark J. Sculpher
• Publisher: Oxford University Press
• Format: Paperback
• Condition: New
• Availability: In Stock
• Shipping: Free Shipping

Table of Contents (Highlights)

• Introduction to Decision Modelling in Health Economics
• Structuring Decision Problems and Model Design
• Decision Trees and Short-Term Modelling
• Markov Models and Chronic Disease Modelling
• Estimating Parameters and Using Evidence
• Uncertainty and Sensitivity Analysis
• Probabilistic Modelling and Value of Information
• Validation, Reporting, and Good Practice Guidelines

FAQs

• Is this book suitable for beginners in health economics? Yes, it is an accessible introduction, especially for readers with basic economics or statistics background.
• Does it cover Markov models? Yes, it provides clear guidance on building and interpreting Markov models for chronic disease evaluation.
• Is it useful for HTA and cost-effectiveness work? Yes, it is widely used for HTA, reimbursement modelling, and cost-effectiveness analysis.