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Contribution Details
| Type | Journal Article |
| Scope | Discipline-based scholarship |
| Title | The contingency of contingent valuation: how much are people willing to pay against Alzheimer's disease? |
| Organization Unit | |
| Authors |
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| Item Subtype | Original Work |
| Refereed | Yes |
| Status | Published in final form |
| Language |
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| Journal Title | International Journal of Health Care Finance and Economics |
| Publisher | Springer |
| Geographical Reach | international |
| ISSN | 1389-6563 |
| Volume | 2 |
| Number | 3 |
| Page Range | 219 - 240 |
| Date | 2002 |
| Abstract Text | The present work focuses on the choice of the elicitation technique within a contingent valuation (CV) framework. We simultaneously apply three different elicitation techniques to elicit willingness-to-pay (WTP) values for three programs against Alzheimer's disease. First, the dichotomous choice approach is used, which is the standard procedure. However, giving respondents only a yes/no response alternative seems to result in overestimated WTP values. Therefore, we secondly apply the dissonance-minimizing format which screens respondents for their preferences and thus avoids possible yea-saying and protest answers against the payment vehicle. The third format, a modified version of the payment card, allows respondents to express a level of voting certainty and to make less of a commitment. With our findings we show that a well-designed CV method is a suitable instrument for helping decision makers in the health care sector and that the Swiss population favors highly a program which improves the situation of informal caregivers. |
| Digital Object Identifier | 10.1023/A:1020441726964 |
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| Additional Information | The original publication is available at www.springerlink.com |