Note: If the calculator does not display properly,
you may have to temporarily turn off Norton Internet Security (NIS).
HDS Monte Carlo - Decision Analysis Tree
Powered By HDS

Monte Carlo - Decision Analysis Tree

(C) Health Decision Strategies, LLC.

Beta Test - Not for Official Use

If the calculator does not display properly,

you may have to turn off Norton Internet Security.

Data Entry Page
You can change the "X" and "Y" values in the yellow boxes on the right side of this page.
Then hit "Submit".
Results will be in blue boxes on the next page.
                      
   
Parameter Stochastic Deterministic Excel Stochastic Formula
(Defaults) 		Modify X and Y values in "(RAND(),X,Y)" formulas  
 
Cost of success with A 1,000  
Cost of success with B
 
Cost of failure with A 200  
Cost of failure with B 500
Probability of successful treatment with A 0.6
Probability of successful treatment with B 0.9  
Utilities associated with treatment success 0.8  
Utilities associated with treatment failure 0.6
 
 
 
Below are samples of output graphics from the calculations.
The decision tree shows determinisitic results, using the default values.
Deterministic Tree
ICER Quadrants Acceptability Curve

Powered By HDS



Sources: Calculations suggested from Hughes, D. Chapter 9
"Modelling in Health Economics" in Pharmacoeconomics.
Walley, Haycox, Boland (eds). Publisher: Churchill Livingstone, 2003.