Half-cycle corrections (Time in Markov cohort simulations)

In Markov models we only estimate where the cohort is at particular points in time, so how do we deal with what happens in between? The traditional way of dealing with these, called the half-cycle correction, has some severe drawbacks. Learn how to use the trapezoidal method instead and how to avoid confusion when your model includes tunnel states.

Видео Half-cycle corrections (Time in Markov cohort simulations) канала Decision analytic modelling in health economics