IIMB Management Review (Dec 2023)

Reducing the patients-at-risk (PaR) in a response-adaptive trial: A numerical study

  • L. Ramprasath,
  • Mohammed Shahid Abdulla

Journal volume & issue
Vol. 35, no. 4
pp. 418 – 425

Abstract

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This article investigates the dichotomy between higher statistical power and higher allocation to better treatment in an ethical-optimal response-adaptive design. Although many response-adaptive designs in the literature promise higher allocation to the superior treatment, this is not always guaranteed due to the variability of the designs. A new criterion for evaluating response-adaptive designs, motivated by the value-at-risk measure, is proposed to address this problem. We also provide an illustration of applying this criterion in a real clinical trial.

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