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. Author manuscript; available in PMC: 2020 Jul 21.
Published in final edited form as: Value Health. 2020 Mar;23(3):277–286. doi: 10.1016/j.jval.2020.01.004

Algorithm 3.

Single-loop Monte Carlo scheme for computing EVPPI

1. Sample a value from the distribution of the target parameter(s) of interest.
2. Evaluate the utility function for each decision option using the value for the target parameters) from step 1 and the mean values of the remaining uncertain parameters (or functions of them [25]). Store the values.
3. Repeat steps 1 and 2 for N samples.
4. Calculate the mean of the N utility values for each decision option.
5. Follow steps 5-8 of algorithm 1 for computing EVPI.