BACKGROUND A common method used to examine the relationship between internal preferences and caring externalities is willingness to pay (WTP) approach. We aimed to estimate WTP for health status with different severity level and identify determinant factors on WTP. METHODS For determining main factors in WTP, a cross-sectional study was conducted in Shiraz in the southeast of Iran, in March t...

The study aims at developing communication strategies for the public broadcasting system according to WTP (Willingness to Pay) for the subscription fee and the audience’s perception of the public broadcasting system as a public good. A quasi-experiment was conducted for audiences who have previously watched public broadcasting channels. According to the results, those respondents who think of p...

PURPOSE It is necessary to develop a proper payment system for more health care facilities to provide hospice and palliative cares. In deciding the proper level of payment for hospice per diem fee, willingness to pay (WTP) may provide one of the critical information. This study was conducted to determine WTP for hospice care and to analyze those factors affecting WTP. MATERIALS AND METHODS A ...

Several recent surveys have asked Americans whether they support policies to reduce childhood obesity. There is reason for skepticism of such surveys because people are not confronted with the tax costs of such policies when they are asked whether they support them. This paper uses contingent valuation (CV), a method frequently used to estimate people's willingness to pay (WTP) for goods or ser...

Monte Carlo evidence has shown that simple, misspeciøed discrete choice models for referendum contingent valuation data can lead to good estimates of mean willingness to pay (WTP). Empirical studies have found that estimates of mean WTP derived from simple parametric models often diœer little from those derived from nonparametric methods. This seems to indicate that simple models can yield WTP ...

We extend Graham’s (1981) welfare analysis under uncertainty to a dynamic environment where the agent can delay and obtain information. The dynamic willingness to pay locus unifies the concepts of option price, dynamic WTP, commitment costs and quasi-option value. Option price (dynamic WTP) corresponds to the ex ante WTP when the agent ignores (recognises) the learning opportunity. The commitme...

According to Champ et al. (1997), we have to differentiate between willingness to pay (WTP) and willingness to donate (WTD) in eliciting individual preferences for public goods. Because strong incentives exist to understate the willingness to spend on the public good and to freeride on other people’s contributions, WTP forms the upper limit for WTD. This paper presents an experimental study on ...

All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies. 1 Accounting for respondent uncertainty to improve willingness-to-pay estimates ABSTRACT In this paper we develop an econometric model of willingness to pay that integrates data on respondent uncertainty regarding their ...

Based on the stated-preference (SP) survey data collected from a sample of Osaka metropolitan area commuters, we examine the nature of willingness-to-pay (WTP) values respondents indicate for traveling on a tolled expressway under different levels of time pressure. The study shows that WTP varies with time pressure, and that there is systematic downward biases in reporting WTP. The framework of...