Markov Models and Cost Effectiveness Analysis: Applications in Medical Research
- PMID: 31314275
- Bookshelf ID: NBK543650
- DOI: 10.1007/978-3-319-43742-2_24
Markov Models and Cost Effectiveness Analysis: Applications in Medical Research
Excerpt
This case study describes common Markov models, their specific application in medical research, health economics and cost-effectiveness analysis.
Copyright 2016, The Author(s).
Sections
- 24.1. Introduction
- 24.2. Formalization of Common Markov Models
- 24.3. Basics of Health Economics
- 24.4. Case Study: Monte Carlo Simulations of a Markov Chain for Daily Sedation Holds in Intensive Care, with Cost-Effectiveness Analysis
- 24.5. Model Validation and Sensitivity Analysis for Cost-Effectiveness Analysis
- 24.6. Conclusion
- 24.7. Next Steps
- Code Appendix
- References
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References
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