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Discrete Event Simulation for Health Technology Assessment
book

Discrete Event Simulation for Health Technology Assessment

by J. Jaime Caro, Jörgen Möller, Jonathan Karnon, James Stahl, Jack Ishak
October 2015
Intermediate to advanced content levelIntermediate to advanced
374 pages
13h 23m
English
Chapman and Hall/CRC
Content preview from Discrete Event Simulation for Health Technology Assessment
11Introduction
approach for modeling HTA problems but their popularity has waned with
recognition of their limitations, particularly in terms of representing time.
The types of models most frequently used in HTA today are those based on
Markov techniques (named after Andrei Markov, a Russian mathematician
who lived from 1856 to 1922). Unlike decision trees, state-transition (Markov)
models allow the designer to express changes over time in the model. Thus,
this technique was proposed for medical decision making as a solution to
the time limitation of decision trees (Beck and Pauker 1983; Sonnenberg and
Beck 1993). In a state-transition model, ...
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Publisher Resources

ISBN: 9781482218251