Cost of Illness and Contingent Valuation : Controlling for the Motivations of Expressed Preferences in an Attempt to Avoid Double-Counting

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State: Public
Version: Final published version
Serval ID
serval:BIB_2108B6F74B11
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Cost of Illness and Contingent Valuation : Controlling for the Motivations of Expressed Preferences in an Attempt to Avoid Double-Counting
Journal
Économie publique = Public economics
Author(s)
Soguel N., van Griethuysen P.
ISSN
1373-8496
2-8041-3945-X
Publication state
Published
Issued date
2003
Peer-reviewed
Oui
Volume
12
Number
1
Pages
179-200
Language
english
Abstract
This paper addresses the issue of double counting of health impacts in the context of cost of illness valuation. Double counting occurs when estimates are jointly used, which rely on valuation techniques that overlap. As a solution, we propose to limit the scope of each of the valuation method to a specific range of impacts. In order to limit the contingentvaluation method to the exclusive valuation of intangible costs, we propose a three steps approach : (1) leave the respondents
free to valuate the consequences which matter to them, (2) elicit respondent's motivations, (3) control for the influence motivations have on elicited values. This procedure was applied in a Swiss contingent-valuation. An econometric treatment was applied in order to limit the scope of the estimates of the contingent valuation method to intangibles,therefore the possibility to a combination of methods with the risk of double-counting and underestimating costs being kept to a minimum.
Keywords
cost of illness, intangible costs, contingentvaluation
Create date
18/07/2014 11:56
Last modification date
20/08/2019 12:57
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