Abstract
Discrete event simulation (DES) is a formalism widely used for cost-effectiveness analysis (CEA). Discretely Integrated Condition Event (DICE) Simulation is a modelling framework for CEA. It is based on two concepts: conditions, which reflect aspects that persist, and events, which occur at a point in time. The implementation most used is an Excel add-on. DICE is widely accepted because it is transparent and simplifies the coding process. Discrete event simulation networks (DESnets) are a new type of probabilistic graphical model, somewhat similar to Bayesian networks and influence diagrams.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
