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  • Create Date October 27, 2020
  • Last Updated October 27, 2020

Adding events to a Markov Model using DICE simulation

Discretely integrated condition event (DICE) simulation provides for both aspects that persist over time ('conditions') and for those happening at a point in time ('events'). A Markov model can be specified in DICE by representing states as conditions with a recurrent transition event processing transition probabilities, and other events added explicitly

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