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Eliciting Patients' Revealed Preferences: An Inverse Markov Decision Process Approach

Author

Listed:
  • Zeynep Erkin

    (Department of Industrial Engineering, University of Pittsburgh, Pittsburgh, Pennsylvania 15261)

  • Matthew D. Bailey

    (School of Management, Bucknell University, Lewisburg, Pennsylvania 17837)

  • Lisa M. Maillart

    (Department of Industrial Engineering, University of Pittsburgh, Pittsburgh, Pennsylvania 15261)

  • Andrew J. Schaefer

    (Department of Industrial Engineering, University of Pittsburgh, Pittsburgh, Pennsylvania 15261)

  • Mark S. Roberts

    (Department of Health Policy and Management, University of Pittsburgh, Pittsburgh, Pennsylvania 15261)

Abstract

Estimating patient preferences over various health states is an important problem in health care decision modeling. Direct approaches, which involve asking patients various abstract questions, have significant drawbacks. We propose a new approach that infers patient preferences based on observed decisions via inverse optimization techniques. We illustrate our methods on the timing of a living-donor liver transplant.

Suggested Citation

  • Zeynep Erkin & Matthew D. Bailey & Lisa M. Maillart & Andrew J. Schaefer & Mark S. Roberts, 2010. "Eliciting Patients' Revealed Preferences: An Inverse Markov Decision Process Approach," Decision Analysis, INFORMS, vol. 7(4), pages 358-365, December.
  • Handle: RePEc:inm:ordeca:v:7:y:2010:i:4:p:358-365
    DOI: 10.1287/deca.1100.0185
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    References listed on IDEAS

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    4. L. Robin Keller & Ali Abbas & Manel Baucells & Vicki M. Bier & David Budescu & John C. Butler & Philippe Delquié & Jason R. W. Merrick & Ahti Salo & George Wu, 2010. "From the Editors..," Decision Analysis, INFORMS, vol. 7(4), pages 327-330, December.
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      • L. Robin Keller & Manel Baucells & John C. Butler & Philippe Delquié & Jason R. W. Merrick & Gregory S. Parnell & Ahti Salo, 2008. "From the Editors..," Decision Analysis, INFORMS, vol. 5(4), pages 173-176, December.
      • L. Robin Keller & Manel Baucells & John C. Butler & Philippe Delquié & Jason R. W. Merrick & Gregory S. Parnell & Ahti Salo, 2009. "From the Editors ..," Decision Analysis, INFORMS, vol. 6(4), pages 199-201, December.
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    6. Zhou, Mo, 2017. "Valuing environmental amenities through inverse optimization: Theory and case study," Journal of Environmental Economics and Management, Elsevier, vol. 83(C), pages 217-230.
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    13. Timothy C. Y. Chan & Taewoo Lee & Daria Terekhov, 2019. "Inverse Optimization: Closed-Form Solutions, Geometry, and Goodness of Fit," Management Science, INFORMS, vol. 65(3), pages 1115-1135, March.

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