State-Transition Modeling
Uwe Siebert,
Oguzhan Alagoz,
Ahmed M. Bayoumi,
Beate Jahn,
Douglas K. Owens,
David J. Cohen and
Karen M. Kuntz
Medical Decision Making, 2012, vol. 32, issue 5, 690-700
Abstract:
State-transition modeling (STM) is an intuitive, flexible, and transparent approach of computer-based decision-analytic modeling, including both Markov model cohort simulation as well as individual-based (first-order Monte Carlo) microsimulation. Conceptualizing a decision problem in terms of a set of (health) states and transitions among these states, STM is one of the most widespread modeling techniques in clinical decision analysis, health technology assessment, and health-economic evaluation. STMs have been used in many different populations and diseases, and their applications range from personalized health care strategies to public health programs. Most frequently, state-transition models are used in the evaluation of risk factor interventions, screening, diagnostic procedures, treatment strategies, and disease management programs.
Keywords: decision-analytic modeling; guidelines; Markov models; state-transition modeling (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:sae:medema:v:32:y:2012:i:5:p:690-700
DOI: 10.1177/0272989X12455463
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