Per Kragh Andersen: A multi-state model for bleeding episodes and mortality in liver cirrhosis. In a clinical trial in patients with liver cirrhosis and esophageal varices, 286 patients were randomized in a 2 by 2 factorial design to either prophylactic sclerotherapy, to prophylactic treatment with propranolol, to both or to neither. The purpose was to reduce mortality and incidence of bleeding episodes. Thus, data consist of times of bleeding and death, and various approaches to the modelling of these data will be discussed, including a competing risks model with the two endpoints 'bleeding' and 'death', a standard survival analysis neglecting information on bleeding episodes, and a multi-state model with three possible transitions: 'no bleeding' -> 'bleeding', 'no bleeding' -> 'death' and 'bleeding' -> 'death'. In particular, it will be studied how survival probabilities for patients with given characteristics may be estimated in the various models and the uncertainty of the estimators will be compared.