Personalized Evaluation of Biomarker Value: A Cost-Benefit Perspective
Ying Huang () and
Eric Laber
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Ying Huang: Fred Hutchinson Cancer Center
Eric Laber: North Carolina State University
Statistics in Biosciences, 2016, vol. 8, issue 1, No 4, 43-65
Abstract:
Abstract For a patient who is facing a treatment decision, the added value of information provided by a biomarker depends on the individual patient’s expected response to treatment with and without the biomarker, as well as his/her tolerance of disease and treatment harm. However, individualized estimators of the value of a biomarker are lacking. We propose a new graphical tool named the subject-specific expected benefit curve for quantifying the personalized value of a biomarker in aiding a treatment decision. We develop semiparametric estimators for two general settings: (i) when biomarker data are available from a randomized trial; and (ii) when biomarker data are available from a cohort or a cross-sectional study, together with external information about a multiplicative treatment effect. We also develop adaptive bootstrap confidence intervals for consistent inference in the presence of nonregularity. The proposed method is used to evaluate the individualized value of the serum creatinine marker in informing treatment decisions for the prevention of renal artery stenosis.
Keywords: Adaptive bootstrap; Biomarker; Cost-benefit; Semiparametric location-scale model; Subject-specific expected benefit; Treatment selection (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:spr:stabio:v:8:y:2016:i:1:d:10.1007_s12561-014-9122-4
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DOI: 10.1007/s12561-014-9122-4
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