Expected utility versus expected regret theory versions of decision curve analysis do generate different results when treatment effects are taken into account

Abstract

Decision curve analysis (DCA) is a widely used method for evaluating diagnostic tests and predictive models. It was developed based on expected utility theory (EUT) and has been reformulated using expected regret theory (ERG). Under certain circumstances, these 2 formulations yield different results. Here we describe these situations and explain the variation.

Document Details

Document Type
Pub Defense Publication
Publication Date
Dec 15, 2016
Source ID
10.1111/jep.12676

Entities

People

  • Athanasios Tsalatsanis
  • Benjamin Djulbegovic
  • Iztok Hozo

Organizations

  • Indiana University Northwest
  • Tampa General Hospital
  • United States Department of Defense
  • University of South Florida

Tags

Readers

  • Adaptive Control and Estimation with Uncertainty in Dynamic Systems.
  • Regression Analysis.