Arbeitspapier

Validity and reliability of willingness-to-pay estimates: Evidence from two overlapping discrete-choice experiments

Discrete-choice experiments, while becoming increasingly popular, have rarely been tested for validity and reliability. This contribution purports to provide some evidence of a rather unique type. Two surveys designed to measure willingness-to-accept (WTA) for reform options in Swiss health care and health insurance are used to provide independent information with regard to two elements of reform. The issue to be addressed is whether WTA values converge although the three overlapping attributes (a more restrictive drug benefit, a delayed access to medical innovation, and a change in the monthly insurance premium) are embedded in widely differing choice sets. Experiment A contains rather radical health system reform options, while experiment B concentrates on more familiar elements such as copayment and the benefit catalogue. While mean WTA values differ between experiments, they tend to vary in similar ways, suggesting at least theoretical validity and reliability.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 0412

Klassifikation
Wirtschaft
Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
Field Experiments
Analysis of Health Care Markets
Thema
willingness-to-pay
discrete choice experiments
validity
reliability
framing effects
Willingness to pay
Qualitatives Verfahren
Diskrete Entscheidung

Ereignis
Geistige Schöpfung
(wer)
Telser, Harry
Becker, Karolin
Zweifel, Peter
Ereignis
Veröffentlichung
(wer)
University of Zurich, Socioeconomic Institute
(wo)
Zurich
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Telser, Harry
  • Becker, Karolin
  • Zweifel, Peter
  • University of Zurich, Socioeconomic Institute

Entstanden

  • 2008

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