The reliability of willingness to pay for changes in health status.
Smith, RD and
(2004)
The reliability of willingness to pay for changes in health status.
Applied health economics and health policy, 3 (1).
pp. 35-38.
ISSN 1175-5652
DOI: 10.2165/00148365-200403010-00007
One of the most common means to test for the temporal reliability of willingness-to-pay (WTP) values is the 'test-retest' method. However, few such tests have been conducted in healthcare, and the few that are focus on specific patient or professional groups, limiting their generalisability. In this article, a test-retest analysis of WTP for changes in health status from a general population sample found good reliability overall, with the level of reliability increasing with the overall amount of WTP and/or level of WTP as a proportion of income. The possible implications for the design and use of WTP studies in healthcare are outlined.
Item Type | Article |
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Date Deposited | 17 Oct 2011 17:58 |