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Using discrete Markov chains in prediction of health economics behaviour

Bauer W., Wieczór A.

Information Systems in Management

2017

Vol. 6, No. 4

259--269

The aim of this article is show the concept of using of the Discrete Markov Chains to predict economic phenomena. This subject is important for two reasons. The first of them are models based on Markov chains use the statistical informations obtained during the investigation processes. Another important reason is the fact that this way of modeling is highly flexible and can be used to simulation of economic phenomenas. In this paper authors describe the idea of modeling and present the example of simply model of patient population of primary health care and show preliminary simulation results.