Picture of mobile phone running fintech app

Fintech: Open Access research exploring new frontiers in financial technology

Strathprints makes available Open Access scholarly outputs by the Department of Accounting & Finance at Strathclyde. Particular research specialisms include financial risk management and investment strategies.

The Department also hosts the Centre for Financial Regulation and Innovation (CeFRI), demonstrating research expertise in fintech and capital markets. It also aims to provide a strategic link between academia, policy-makers, regulators and other financial industry participants.

Explore all Strathclyde Open Access research...

Treacle and smallpox : two tests for multi-criteria decision analysis models in health technology assessment

Morton, Alec (2017) Treacle and smallpox : two tests for multi-criteria decision analysis models in health technology assessment. Value in Health, 30 (3). pp. 512-515. ISSN 1524-4733

[img]
Preview
Text (Morton-VH-2016-two-tests-for-multi-criteria-decision-analysis-models-in-health-technology-assessment)
Morton_VH_2016_two_tests_for_multi_criteria_decision_analysis_models_in_health_technology_assessment.pdf
Accepted Author Manuscript
License: Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 logo

Download (475kB) | Preview

Abstract

Multicriteria Decision Analysis (MCDA) is, rightly, receiving increasing attention in Health Technology Assessment. However, a distinguishing feature of the health domain is that technologies must actually improve health, and good performance on other criteria cannot compensate for failure to do so. We argue for two reasonable tests for MCDA models: the treacle test (can a winning intervention be incompletely ineffective?) and the smallpox test (can a winning intervention be for a disease which no one suffers from?). We explore why models might fail such tests (as the models of some existing published studies would do) and offer some suggestions as to how practice should be improved.