The objective of the research was to highlight the role that socio-economic and spatial attributes of consumers – households exert on their choices regarding not only the supply modes but also the price they are willing to pay for different categories of olive oil. Regarding WTP for different olive oil labels, consumers are willing to pay premiums only for olive oils being processed by either p...

BACKGROUND Contingent valuation (CV) is used to estimate the willingness to pay (WTP) of consumers for specific attributes to improve the quality of health care they received in three hospitals in Bangladesh. METHODS Random sample of 252 patients were interviewed to measure their willingness to pay for seven specified improvements in the quality of delivered medical care. Partial tobit regres...

Many mainstream economists and policy experts assume that Contingent Valuation (CV) methodologies report a legitimate monetary valuation of a social proposal. An alternative interpretation put forward by Kahneman and colleagues suggest that responses to CV surveys represent a general offer of contribution towards a social project. The contribution model framework conceptualises Willingness to P...

Recently, natural resources economists have turned to valuation and appraisal of the contribution of natural resources to human’s welfare and they have made striking progress in valuing the environmental and ecological services of eco-systems. The present study investigated people’s willingness to pay (WTP) for participation in preservation and reclamation of Abuzeidabad desert area through con...

OBJECTIVE To assess Spanish and Portuguese patients' and physicians' preferences regarding type 2 diabetes mellitus (T2DM) treatments and the monthly willingness to pay (WTP) to gain benefits or avoid side effects. METHODS An observational, multicenter, exploratory study focused on routine clinical practice in Spain and Portugal. Physicians were recruited from multiple hospitals and outpatien...

BACKGROUND Since 2002, adults have been able to choose oral health care services in the public sector or in the private sector in Finland. Though various subsidies for care exist in both sectors, the Public Dental Service (PDS) is a cheaper option for the patient but, on the other hand, there are no waiting lists for private care. The aim of this study was to assess middle-aged adults' use of d...

Four studies demonstrated robust withinand between-subject differences in willingness-to-pay (WTP) and willingness-to-accept (WTA) measures of the value of lottery tickets. Buyers and sellers attended to different numerical cues and interpreted the same numbers differently when setting these two kinds of monetary values. Affective infiuences appeared to guide the valuation process. Buyers with ...

Mosquito-borne illnesses like West Nile virus (WNV) and dengue are growing threats to the United States. Proactive mosquito control is one strategy to reduce the risk of disease transmission. In 2012, we measured the public's willingness to pay (WTP) for increased mosquito control in two cities: Key West, FL, where there have been recent dengue outbreaks, and Tucson, AZ, where dengue vectors ar...

Measuring the Willingness to Pay to Avoid Guilt: Estimation Using Equilibrium and Stated Belief Models We estimate structural models of guilt aversion to measure the population level of willingness to pay (WTP) to avoid feeling guilt by letting down another player. We compare estimates of WTP under the assumption that higher-order beliefs are in equilibrium (i.e. consistent with the choice dist...

Public health programs that control mosquitoes and other disease vectors have the added benefit of reducing residents' exposure to pest insects. We surveyed homeowners in Madison, Wisconsin, and used an economic valuation method, stated-choice experiments, to measure willingness to pay (WTP) for control of West Nile virus (WNV)-transmitting and nuisance mosquitoes under current and increased le...