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Testing the convergent validity of the contingent valuation and travel cost methods in valuing the benefits of health care
- Source :
- Health Economics. 11:117-127
- Publication Year :
- 2002
- Publisher :
- Wiley, 2002.
-
Abstract
- In this study, the convergent validity of the contingent valuation method (CVM) and travel cost method (TCM) is tested by comparing estimates of the willingness to pay (WTP) for improving access to mammographic screening in rural areas of Australia. It is based on a telephone survey of 458 women in 19 towns, in which they were asked about their recent screening behaviour and their WTP to have a mobile screening unit visit their nearest town. After eliminating missing data and other non-usable responses the contingent valuation experiment and travel cost model were based on information from 372 and 319 women, respectively. Estimates of the maximum WTP for the use of mobile screening units were derived using both methods and compared. The highest mean WTP estimated using the TCM was $83.10 (95% C.I. $99.06-$68.53), which is significantly less than the estimate of $148.09 ($131.13-$166.60) using the CVM. This could be due to the CVM estimates also reflecting non-use values such as altruism, or a range of potential biases that are known to affect both methods. Further tests of validity are required in order to gain a greater understanding of the relationship between these two methods of estimating WTP.
- Subjects :
- Financing, Personal
Cost-Benefit Analysis
Decision Making
Breast Neoplasms
Transportation
Health Services Accessibility
Breast cancer screening
Bias
Willingness to pay
Statistics
Economics
medicine
Humans
Consumer behaviour
Motivation
Contingent valuation
Actuarial science
Cost–benefit analysis
medicine.diagnostic_test
Health Policy
Consumer Behavior
Missing data
Quality-adjusted life year
Convergent validity
Female
Quality-Adjusted Life Years
Rural Health Services
New South Wales
Mobile Health Units
Models, Econometric
Mammography
Subjects
Details
- ISSN :
- 10991050 and 10579230
- Volume :
- 11
- Database :
- OpenAIRE
- Journal :
- Health Economics
- Accession number :
- edsair.doi.dedup.....d1693c1aaaa056f51708ea05d5b3617e
- Full Text :
- https://doi.org/10.1002/hec.651