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Stated preference (SP) survey methods have been used increasingly to assess willingness to pay for a wide variety of non-market goods and services, including reductions in risks to life and health. Poorly designed SP studies are subject to a number of well-known biases, but many of these biases...
Persistent link: https://www.econbiz.de/10008692935
As the U.S. contemplates health care reform that may involve more publicly provided health services, it is important to understand the likely patterns in public support for, and opposition to, public provision of treatments that increase recoveries and reduce deaths. We find that support (and...
Persistent link: https://www.econbiz.de/10008692936
Researchers acknowledge several reasons for possible non-representativeness in surveys conducted on samples drawn from large consumer panels. We model the selection process for one major consumer panel, maintained by Knowledge Networks, Inc., starting with over 525,000 random-digit-dialed...
Persistent link: https://www.econbiz.de/10008692938
This document contains supplementary materials to accompany all papers using the “private choices†survey associated with our larger project on the valuation of morbidity and mortality risk reductions for policy analysis. This is a “living document†in that we plan to...
Persistent link: https://www.econbiz.de/10008774193
We develop and evaluate a test of choice set misspecification for a multinomial logit choice model. This test determines whether the choice set designated by the researcher mistakenly assigns relevant substitutes to the numeraire good. We develop this test by generalizing the traditional...
Persistent link: https://www.econbiz.de/10005635091
We develop a structural option price model in which individuals choose among competing risk-mitigating programs to alter their probability of experiencing future years in various degraded health states. The novel aspects of this model include separate estimates of the marginal utilities of...
Persistent link: https://www.econbiz.de/10005635097
A choice model based on utility in a sequence of prospective future health states permits us to generalize the concept of the value of statistical life (VSL). Our representative national survey asks individuals to choose between costly risk-reducing programs and the status quo in randomized...
Persistent link: https://www.econbiz.de/10010868982
As the US pursues health care reform, it is important to understand the patterns in demand for, and opposition to, public provision of medical treatments. Using data from a nationally representative survey, we develop and estimate a utility-theoretic choice model to quantify demand for publicly...
Persistent link: https://www.econbiz.de/10011193943
We examine patterns in adults' willingness to pay for health-risk reductions. We allow both their marginal utilities of income and their marginal disutilities from health risks to vary systematically with the structures of their households. Demand by adults for programs which reduce their own...
Persistent link: https://www.econbiz.de/10008499149
To assess demand for non-market goods, researchers must sometimes resort to direct elicitation of consumer tradeoffs with the use of surveys. Stated preference (SP) methods typically involve surveys of consumers wherein choice scenarios are posed to respondents and individuals are asked to...
Persistent link: https://www.econbiz.de/10005038976