Discrete event simulation: the preferred technique for health economic evaluations?

@article{Caro2010DiscreteES,
  title={Discrete event simulation: the preferred technique for health economic evaluations?},
  author={J. Jaime Caro and J{\"o}rgen M{\"o}ller and Dennis Getsios},
  journal={Value in health : the journal of the International Society for Pharmacoeconomics and Outcomes Research},
  year={2010},
  volume={13 8},
  pages={1056-60}
}
OBJECTIVES To argue that discrete event simulation should be preferred to cohort Markov models for economic evaluations in health care. METHODS The basis for the modeling techniques is reviewed. For many health-care decisions, existing data are insufficient to fully inform them, necessitating the use of modeling to estimate the consequences that are relevant to decision-makers. These models must reflect what is known about the problem at a level of detail sufficient to inform the questions… CONTINUE READING

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