Dilemmas of Prediction Market, Cox Hazard Proportion and Artificial Neural Network Models in Medical Forecasting : Evidence from Chinese Antecedents

Authors

  • Henry Asante Antwi  School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China and Institute of Medical Insurance and Healthcare Management, Jiangsu University, Zhenjiang, Jiangsu, P.R. China
  • Zhou Lulin   School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China and Institute of Medical Insurance and Healthcare Management, Jiangsu University, Zhenjiang, Jiangsu, P.R. China
  • Mary Opokua Ansong  School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China and Department of Computer Science, School of Applied Science, Kumasi Polytechnic, P. O. Box 854, Kumasi, Ghana
  • Patrick Acheampong  School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China
  • Tehzeeb Mustafa  School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China and Institute of Medical Insurance and Healthcare Management, Jiangsu University, Zhenjiang, Jiangsu, P.R. China
  • Zinet Abdullai  School of Management, Jiangsu University, 301 Xuefu Road, Zhenjiang, Jiangsu, P.R. China

Keywords:

Cox Hazard, Neural Networks, Prognosis, Clinical Judgment, China

Abstract

The conventional technique for forecasting patient survivability is the Cox hazard proportion model, but absolute reliance on this statistical method has its limitations. The emergence of artificial neural networks and prediction markets as swarm intelligence tools has significantly improved medical forecasting in many fronts. Till date the main clinical use of artificial neural networks and prediction markets includes diagnosis, prognosis, disease severity testing and scoring, and measuring the spread of diseases and many other areas of applications yet not many studies have emerged from Jiangsu Province in China. We modeled and compared the historical records and doctor’s evaluation summary of a cohort of 150 patients diagnosed and operated on gastric cancer in general practice using an enhanced prediction market, Cox hazard proportion and artificial neural network. We conclude that prediction market techniques can complement artificial neural networks and Cox hazard regression models in prognosis

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Published

2017-02-28

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Section

Research Articles

How to Cite

[1]
Henry Asante Antwi, Zhou Lulin , Mary Opokua Ansong, Patrick Acheampong, Tehzeeb Mustafa, Zinet Abdullai, " Dilemmas of Prediction Market, Cox Hazard Proportion and Artificial Neural Network Models in Medical Forecasting : Evidence from Chinese Antecedents, IInternational Journal of Scientific Research in Computer Science, Engineering and Information Technology(IJSRCSEIT), ISSN : 2456-3307, Volume 2, Issue 1, pp.119-127, January-February-2017.