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Original Articles

A study of the probit model with latent variables in Phase I clinical trials

, &
Pages 1621-1633 | Received 26 Mar 2013, Accepted 17 Jan 2014, Published online: 14 Feb 2014
 

Abstract

In recent years, the continual reassessment method (CRM) has gained considerable popularity in Phase I cancer studies. In this article, we propose a two-parameter probit model with latent variables. Introducing the latent variables enables exact Bayesian inference in the sense that conditional posterior distributions of all the parameters, including the latent variables, are known. Such inference can be more accurate than the maximum likelihood inference and can also alleviate the estimation issue due to small sample size [Albert J, Chib S. Bayesian analysis of binary and polychotomous response data. J Amer Statist Assoc. 1993;88:669–679] in Phase I studies. Simulation studies demonstrated that the proposed method compares favourably to the one-parameter CRM.

Funding

Keying Ye's research was partially supported by a grant from the College of Business of the University of Texas at San Antonio.

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