Is it too naive / basic to just suggest value of information calculations?
I think so. While the main value of research lies in it’s value of information, the problem here seems to be about how to go about estimating the impact and not so much about the modeling.
Agreed, though the suggestions are appreciated!
VOI calculations in general seem like a good approach, but figuring out how to best apply them seems pretty tough.
Is it too naive / basic to just suggest value of information calculations?
I think so. While the main value of research lies in it’s value of information, the problem here seems to be about how to go about estimating the impact and not so much about the modeling.
Agreed, though the suggestions are appreciated!
VOI calculations in general seem like a good approach, but figuring out how to best apply them seems pretty tough.