Experimental design and the estimation of willingness to pay in choice experiments for health policy evaluation

Carson, R; Louviere, JJ

Experimental design and the estimation of willingness to pay in choice experiments for health policy evaluation

Carson, R Louviere, JJ

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Publisher:: Oxford University Press
Publication Type:: Chapter
Citation:: Applied Methods of Cost-Benefit Analysis in Health Care, 2010, 1, pp. 185 - 210
Issue Date:: 2010-01

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Field	Value	Language
dc.contributor.author	Carson, R	en_US
dc.contributor.author	Louviere, JJ	en_US
dc.contributor.editor	McIntosh, E	en_US
dc.contributor.editor	Clarke, PM	en_US
dc.contributor.editor	Frew, EJ	en_US
dc.contributor.editor	Louviere, JJ	en_US
dc.date.issued	2010-01	en_US
dc.identifier.citation	Applied Methods of Cost-Benefit Analysis in Health Care, 2010, 1, pp. 185 - 210	en_US
dc.identifier.isbn	978-0-19-923712-8	en_US
dc.identifier.uri	http://hdl.handle.net/10453/14346
dc.description.abstract	This chapter focuses on stated preferences obtained from discrete choice experiments (DCEs also known as SPDCEs). as opposed to data that reflect real market choices (revealed preferences (RP) as discussed in Chapter 9). DCEs try to simulate the essential elemen1s of real market options that consumers might tace in the future. Unlike real market cholee datal DeEs rely on constructed markets in which key factors that arc hypothesized to drive choices arc systematically varied. 1'0 the extent that the consumers in a DCE make chokes in a manner consistent with the way in which they would ael uaUy choose in a real market, onc can derive standard welfare estimates for policy changes. The remainder of this cbapter is devoted to discussing and illustrating how this can be accomplished with DeBs, More details on DCEs can be found in Louviere, Hemher, anJ Swait (l).	en_US
dc.publisher	Oxford University Press	en_US
dc.relation.ispartof	Applied Methods of Cost-Benefit Analysis in Health Care	en_US
dc.title	Experimental design and the estimation of willingness to pay in choice experiments for health policy evaluation	en_US
dc.type	Chapter
utslib.location	New York	en_US
utslib.for	1505 Marketing	en_US
utslib.citation.edition	1	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Strength - CENSOC - Study of Choice
utslib.copyright.status	closed_access
pubs.consider-herdc	true	en_US
pubs.edition	1	en_US
pubs.place-of-publication	New York	en_US

Abstract:

This chapter focuses on stated preferences obtained from discrete choice experiments (DCEs also known as SPDCEs). as opposed to data that reflect real market choices (revealed preferences (RP) as discussed in Chapter 9). DCEs try to simulate the essential elemen1s of real market options that consumers might tace in the future. Unlike real market cholee datal DeEs rely on constructed markets in which key factors that arc hypothesized to drive choices arc systematically varied. 1'0 the extent that the consumers in a DCE make chokes in a manner consistent with the way in which they would ael uaUy choose in a real market, onc can derive standard welfare estimates for policy changes. The remainder of this cbapter is devoted to discussing and illustrating how this can be accomplished with DeBs, More details on DCEs can be found in Louviere, Hemher, anJ Swait (l).

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http://hdl.handle.net/10453/14346