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Discrete choice experiments to measure consumer preferences for health and healthcare

Discrete choice experiments to measure consumer preferences for health and healthcare 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Expert Review of Pharmacoeconomics & Outcomes Research Taylor & Francis

Discrete choice experiments to measure consumer preferences for health and healthcare

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References (58)

Publisher
Taylor & Francis
Copyright
© 2002 Future Drugs Ltd. All rights reserved. ISSN 1473-7167
ISSN
1744-8379
eISSN
1473-7167
DOI
10.1586/14737167.2.4.319
pmid
19807438
Publisher site
See Article on Publisher Site

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.

Journal

Expert Review of Pharmacoeconomics & Outcomes ResearchTaylor & Francis

Published: Aug 1, 2002

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

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