Discrete choice experiments to measure consumer preferences for health and healthcare

Authors: Viney, Rosalie; Lancsar, Emily; Louviere, Jordan

Source: Expert Review of Pharmacoeconomics and Outcomes Research, Volume 2, Number 4, August 2002 , pp. 319-326(8)

Buy & download fulltext article:

Price: $73.00 plus tax (Refund Policy)

Abstract:

To investigate the impact of health policies on individual well-being, estimate the value to society of new interventions or policies, or predict demand for healthcare, we need information about individuals’ preferences. Economists usually use market-based data to analyze preferences, but such data are limited in the healthcare context. Discrete choice experiments are a potentially valuable tool for elicitation and analysis of preferences and thus, for economic analysis of health and health programs. This paper reviews the use of discrete choice experiments to measure consumers’ preferences for health and healthcare. The paper provides an overview of the approach and discusses issues that arise when using discrete choice experiments to assess individuals’ preferences for health and healthcare.

Keywords: consumer preferences; cost-benefit analysis; discrete choice experiments; discrete choice modeling; economic evaluation; stated preferences; willingness to pay

Document Type: Research article

DOI: http://dx.doi.org/10.1586/14737167.2.4.319

Publication date: 2002-08-01

More about this publication?

Expert Review of Pharmacoeconomics & Outcomes Research provides expert commentary on cost-benefit and pharmacoeconomic issues relating to the clinical use of drugs and therapeutic approaches. Coverage includes pharmacoeconomics and quality-of-life research, therapeutic outcomes, evidence-based medicine and cost-benefit research.
Editorial Board
Information for Authors
Submit a Paper
Subscribe to this Title
Information for Advertisers
Terms & Conditions
Information for Librarians
Free Trials
ingentaconnect is not responsible for the content or availability of external websites