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Variance reduction techniques for the simulation of Markov process

✍ Scribed by Philip Heidelberger


Publisher
Springer-Verlag
Year
1980
Tongue
English
Weight
723 KB
Volume
13
Category
Article
ISSN
0001-5903

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Alternative decision modelling technique
✍ Jonathan Karnon πŸ“‚ Article πŸ“… 2003 πŸ› John Wiley and Sons 🌐 English βš– 146 KB πŸ‘ 2 views

## Abstract Markov models have traditionally been used to evaluate the cost‐effectiveness of competing health care technologies that require the description of patient pathways over extended time horizons. Discrete event simulation (DES) is a more flexible, but more complicated decision modelling t