Willingness to Accept versus Willingness to Pay in a Discrete Choice Experiment
نویسندگان
چکیده
منابع مشابه
Willingness to accept versus willingness to pay in a discrete choice experiment.
OBJECTIVES Our main objective was to compare willingness to accept (WTA) and willingness to pay (WTP) in a discrete choice experiment on hearing aid provision. Additionally, income effect and endowment effect were explored as possible explanations for the disparity between WTA and WTP, and the impact of using a WTA and/or WTP format to elicit monetary valuations on the net benefit of the new or...
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This study explores the effects of Interferon-β characteristics such as country of origin, injection frequency and method, monthly cost, efficacy, and side effects on multiple-sclerosis patients’ willingness to pay. For this purpose, MS patients with a history of using Interferon-β were studied from the three major Isfahan MS centers. Choice sets were designed with a combination of attributes a...
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Thailand has now reached a new demographic turning point with the advent of an ageing society [10]. The older population or population aged 60 and above increased from 1.5 million in 1960 to approximately 7.4 million in 2008, and it is expected to be 17.7 million in 2030 [14]. Since the number of elderly people is growing, the number of chronically-ill patients, including those with diabetes, h...
متن کاملWillingness to pay and willingness to accept in a patient-centered blood pressure control study
BACKGROUND Elevated blood pressure is a major risk factor for cardiovascular disease and stroke but patients often discount recommended behavioral changes and prescribed medications. While effective interventions to promote adherence have been developed, cost-effectiveness from the patient's perspective, has not been well studied. The valuation of patient time and out of pocket expenses should ...
متن کاملA n exact relation between willingness to pay and willingness to accept *
I present a simple and precise relationship between the willingness-to-pay and the willingness-to-accept, or equivalently between the compensating and equivalent variations following an exogenous welfare change. One can be computed given the other as a function of income. 2003 Elsevier B.V. All rights reserved.
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ژورنال
عنوان ژورنال: Value in Health
سال: 2008
ISSN: 1098-3015
DOI: 10.1111/j.1524-4733.2008.00340.x