Bayesian Nonparametric Cost-Effectiveness Analyses: Causal Estimation and Adaptive Subgroup Discovery [PDF]
Cost-effectiveness analyses (CEAs) are at the center of health economic decision making. While these analyses help policy analysts and economists determine coverage, inform policy, and guide resource allocation, they are statistically challenging for several reasons. Cost and effectiveness are correlated and follow complex joint distributions which are
arxiv
Costs, cost-effectiveness, and context
Reina Engle-Stone, Katherine P Adams
openaire +2 more sources
The impact of proportional transaction costs on systematically generated portfolios [PDF]
The effect of proportional transaction costs on systematically generated portfolios is studied empirically. The performance of several portfolios (the index tracking portfolio, the equally-weighted portfolio, the entropy-weighted portfolio, and the diversity-weighted portfolio) in the presence of dividends and transaction costs is examined under ...
arxiv
Cost-Effectiveness and Cost-Benefit Analyses for Public Health Programs [PDF]
Warren Smith
openalex +1 more source
Balancing small fixed and proportional transaction cost in trading strategies [PDF]
Transaction costs appear in financial markets in more than one form. There are several results in the literature on small proportional transaction cost and not that many on fixed transaction cost. In the present work, we heuristically study the effect of both types of transaction cost by focusing on a portfolio optimization. Here we assume the presence
arxiv
Surrogate Search As a Way to Combat Harmful Effects of Ill-behaved Evaluation Functions [PDF]
Recently, several researchers have found that cost-based satisficing search with A* often runs into problems. Although some "work arounds" have been proposed to ameliorate the problem, there has been little concerted effort to pinpoint its origin. In this paper, we argue that the origins of this problem can be traced back to the fact that most planners
arxiv
Evaluating cost-effectiveness of diagnostic equipment: the brain scanner case. [PDF]
John R. Bartlett+3 more
openalex +1 more source
Cost-of-Pass: An Economic Framework for Evaluating Language Models [PDF]
The widespread adoption of AI systems in the economy hinges on their ability to generate economic value that outweighs their inference costs. Evaluating this tradeoff requires metrics that account for both performance and costs. We propose a framework grounded in production theory for evaluating language models by combining accuracy and inference cost.
arxiv
PROGRAM EVALUATION RESEARCH: AN EXPERIMENTAL COST‐EFFECTIVENESS ANALYSIS OF AN ARMED ROBBERY INTERVENTION PROGRAM [PDF]
John F. Schnelle+5 more
openalex +1 more source
The Cost Effectiveness of Remote Nuclear Reactor Siting [PDF]
F. Niehaus, H.J. Otway
openalex +1 more source