Markov modeling and discrete event simulation in health care: a systematic comparison.

@article{Standfield2014MarkovMA,
  title={Markov modeling and discrete event simulation in health care: a systematic comparison.},
  author={Lachlan B Standfield and Tracy Comans and Paul A Scuffham},
  journal={International journal of technology assessment in health care},
  year={2014},
  volume={30 2},
  pages={165-72}
}
OBJECTIVES The aim of this study was to assess if the use of Markov modeling (MM) or discrete event simulation (DES) for cost-effectiveness analysis (CEA) may alter healthcare resource allocation decisions. METHODS A systematic literature search and review of empirical and non-empirical studies comparing MM and DES techniques used in the CEA of healthcare technologies was conducted. RESULTS Twenty-two pertinent publications were identified. Two publications compared MM and DES models… CONTINUE READING

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