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Discrete choice experiments in health economics

✍ Scribed by Stirling Bryan; Paul Dolan


Book ID
106294840
Publisher
Springer
Year
2004
Tongue
French
Weight
140 KB
Volume
5
Category
Article
ISSN
1618-7598

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Willingness-to-pay (WTP) estimates derived from discrete-choice experiments (DCEs) generally assume that the marginal utility of income is constant. This assumption is consistent with theoretical expectations when costs are a small fraction of total income. We analyze the results of five DCEs that a