Introduction to Constrained Optimization Methods for Health Care Research

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Instructors will provide an overview of the major steps in formulating a mathematical model, the major types of modelling approaches (e.g. linear/nonlinear, static/dynamic, continuous/discrete, deterministic/stochastic) and how these methods compare to and complement other modelling approaches (e.g. traditional health economic modelling and simulation methods). The short course will also provide an overview of the types of health care problems which can be tackled using CONOPT, and will present the CONOPT checklist developed by the ISPOR Task Force on Constrained Optimization who also contribute to this course as faculty members. The short course is intended to provide an introduction to constrained optimization models. Linear programming is the most straightforward of the CONOPT methods,...