Abstract
This paper summarizes the major forms of socioeconomic analysis, the examination of comparative costs and outcomes for new medical interventions. Socioeconomic analysis can be performed in prospective or retrospective studies as well as in computer simulations. The steps involved in developing a computer model to estimate the costs and outcomes of medical interventions are discussed, as well as the limitation of this technique. We conclude by presenting a recent example of socioeconomic analysis using computer simulation, a model examining a new asthma medication in comparison to current standard asthma therapy.
Original language | English (US) |
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Pages (from-to) | 850-855 |
Number of pages | 6 |
Journal | Winter Simulation Conference Proceedings |
State | Published - 1994 |
Externally published | Yes |
Event | Proceedings of the 1994 Winter Simulation Conference - Buena Vista, FL, USA Duration: Dec 11 1994 → Dec 14 1994 |
ASJC Scopus subject areas
- Software
- Modeling and Simulation
- Safety, Risk, Reliability and Quality
- Chemical Health and Safety
- Applied Mathematics