Markov Decision Model:An Optimized Markov Model in Pharmacoeconomics / 中国药房

ABSTRACT

OBJECTIVE:To discuss the pros and cons of Markov decision model, an optimized Markov model and to facilitate its application in pharmacoeconomics. METHODS: The basic characteristics of Markov model were introduced and the advantage of the Markov decision model in pharmacoeconomics was analyzed by comparing it with Markov model. RESULTS & CONCLUSION: Markov decision model can evaluate the economics of drugs and treatment methods more effectively than Markov model; moreover, it can alter medication or treatment methods according to patients' specific health status.