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and choice converge. In particular, we test whether making the matching procedure in TTO less 'transparent' to the …There is recent interest in using Discrete Choice Experiments (DCEs) to derive health state utility values and results … can differ from Time Trade Off (TTO). Clearly DCE is 'choice-based' whereas TTO is generally considered to be a 'matching …
Persistent link: https://www.econbiz.de/10011335887
We derive a family of probabilistic choice models including the multinomial logit model, from a microeconomic model in … alternatives. The present model also applies to continuum choice sets in Euclidean spaces, and provides a microeconomic foundation …
Persistent link: https://www.econbiz.de/10010335088
the choice for Electricity and Kerosene has remained foremost in use by the household. The household size was noted to …
Persistent link: https://www.econbiz.de/10011849477
We study a reform by which a standardized model of choice and competition was introduced in tax-financed home care in a … introduction of free choice and free entry in home care increased perceived quality by about one quarter of a standard deviation … choice opportunities rather than competition or an advantage of private providers. …
Persistent link: https://www.econbiz.de/10011917089
things are either openended ideas posing no particular problem of choice, “open possibilities”, or alternatives to choose … between, “problematic possibilities”. Choice is the process of formulating problematic possibilities; it is the process of … preferences and perceived constraints. Reinterpretation precedes choice, both logically and temporally. This understanding of …
Persistent link: https://www.econbiz.de/10014612420
delivery system driven by a version of the quasi-market model. Instead of delivering increased consumer choice and improved … should receive. For many consumers, the notion of consumer 'choice' around service provision was fictitious and they felt …
Persistent link: https://www.econbiz.de/10009447859
This paper studies life-cycle preferences over consumption and health status. We show that cost-effectiveness analysis is consistent with cost-benefit analysis if the Lifetime utility function is additive over time, multiplicative in the utility of consumption and the utility of health status,...
Persistent link: https://www.econbiz.de/10009447937
A theory of value sits at the core of every school of economic thought and directs the allocation of resources to competing uses. Ecological resources complicate the modem neoclassical approach to determining value due to their complex nature, considerable non-market values and the difficulty in...
Persistent link: https://www.econbiz.de/10009448292
.Results showed when price is held constant; the appearance of the food is the biggest determinant in consumer choice. There was … influential attribute. Country of origin had more of an effect on consumer choice in the situation. When neither price nor …
Persistent link: https://www.econbiz.de/10009468008
of color selection, to help organizations to promote customer‘s choice. The first part consists of theoretical color …
Persistent link: https://www.econbiz.de/10009478519