The economic value of informal care: a s
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Bernard van den Berg; Han Bleichrodt; Louis Eeckhoudt
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Article
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2005
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John Wiley and Sons
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English
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We provide a new test of the feasibility of using contingent valuation to value informal care. We start with a theoretical model of informal caregiving and derive that willingness to pay depends positively on wealth and negatively on own health, whereas the effect of other's health is sign-ambiguous