Vol. 4 No. 4 (2024)
Viewpoint

Viewpoint: Model Validation Tool

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Published April 16, 2024

Key Messages

  • Validating economic models is important to ensure that the modelling results address decision-making needs, measure intended outcomes, and are accurate.
  • Through a targeted literature search, and in consultation with other health economists, CADTH developed a tool that will assist researchers and decision-makers to ensure economic models are fit for purpose and function properly.
  • The tool is not intended to address concerns related to the quality of model inputs, but rather to ensure that the process of model validation is consistent and reproducible.