The economic value of informal care: a study of informal caregivers' and patients' willingness to pay and willingness to accept for informal care

John Wiley & Sons Ltd
Publication Type:
Journal Article
Health Economics, 2005, 14 (4), pp. 363 - 376
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We provide a new test of the feasibility of using contingent valuation to value informal care. We start with a theoretical model of informal caregiving and derive that willingness to pay depends positively on wealth and negatively on own health, whereas
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