Discrete-choice experiments, while becoming increasingly popular, have rarely been tested for validity and reliability … differ between experiments, they tend to vary in similar ways, suggesting at least theoretical validity and reliability. …

, its external validity in the health care domain has not been investigated until today. This paper examines the external … validity of DCE concerning the reduction of a health risk. Convergent validity is examined by comparing the value of a … statistical life with other preference elicitation techniques, such as revealed preference. Criterion validity is shown by …