ELICIT: An alternative imprecise weight elicitation technique for use in multi-criteria decision analysis for healthcare

Expert Rev Pharmacoecon Outcomes Res. 2016;16(1):141-7. doi: 10.1586/14737167.2015.1083863. Epub 2015 Sep 1.

Abstract

Objective: In this paper, the readers are introduced to ELICIT, an imprecise weight elicitation technique for multicriteria decision analysis for healthcare.

Methods: The application of ELICIT consists of two steps: the rank ordering of evaluation criteria based on decision-makers' (DMs) preferences using the principal component analysis; and the estimation of criteria weights and their descriptive statistics using the variable interdependent analysis and the Monte Carlo method. The application of ELICIT is illustrated with a hypothetical case study involving the elicitation of weights for five criteria used to select the best device for eye surgery.

Results: The criteria were ranked from 1-5, based on a strict preference relationship established by the DMs. For each criterion, the deterministic weight was estimated as well as the standard deviation and 95% credibility interval.

Conclusions: ELICIT is appropriate in situations where only ordinal DMs' preferences are available to elicit decision criteria weights.

Keywords: Monte Carlo method; healthcare; imprecise eight elicitation; multi-criteria decision analysis; principal component analysis; variable interdependent analysis.

Publication types

  • Research Support, N.I.H., Extramural

MeSH terms

  • Choice Behavior
  • Decision Making*
  • Decision Support Techniques*
  • Delivery of Health Care / methods*
  • Humans
  • Monte Carlo Method