scholarly journals Parameterising User Uptake in Economic Evaluations: The role of discrete choice experiments

2016 ◽  
Vol 25 ◽  
pp. 116-123 ◽  
Author(s):  
Fern Terris-Prestholt ◽  
Matthew Quaife ◽  
Peter Vickerman
Keyword(s):  
Discrete Choice ◽  
Choice Experiments ◽  
Discrete Choice Experiments ◽  
Economic Evaluations

scholarly journals The Role of Context Definition in Choice Experiments: a Methodological Proposal Based on Customized Scenarios

2020 ◽  
Vol 9 (2) ◽  
pp. 49-62
Author(s):  
Fabio Boncinelli ◽  
Caterina Contini ◽  
Francesca Gerini ◽  
Caterina Romano ◽  
Gabriele Scozzafava ◽  
...  
Keyword(s):  
Discrete Choice ◽  
Choice Experiments ◽  
Significant Decline ◽  
Discrete Choice Experiments ◽  
Decision Making Process ◽  
Sufficient Information ◽  
Segmentation Analysis ◽  
Definition Of

One of the most critical points for the validity of Discrete Choice Experiments lies in their capability to render the experiment as close to actual market conditions as possible. In particular, when dealing with products characterized by a large number of attributes, the construction of the experiment poses the issue of how to express the choice question providing sufficient information. Our study verifies the role of scenario definition in choice experiments and proposes a methodology to build customized scenarios by eliciting responses from interviewees on the main choice criteria, which makes it possible to render the conditions of the experiment more realistic. This methodology is applied to the case study of wine and is introduced by a systematic review of the Discrete Choice Experiments conducted on wine. The findings show that customized scenarios result in different preference estimates compared to the conventional approach. In particular, we found a significant decline in the importance of the price attribute, which could be attributed to a better definition of the product being evaluated. Moreover, the methodology is capable of gathering information on the decision-making process that would otherwise remain unobserved and that can be used for a better segmentation analysis.

scholarly journals Application of discrete choice experiments to estimate value of life: a national study protocol in Iran

2021 ◽  
Vol 19 (1) ◽  
Author(s):  
Negar Mirzaee ◽  
Amirhossein Takian ◽  
Farshad Farzadfar ◽  
Rajabali Daroudi ◽  
Ali Kazemi Karyani ◽  
...  
Keyword(s):  
Discrete Choice ◽  
Premature Death ◽  
Choice Experiments ◽  
Value Of Life ◽  
Discrete Choice Experiments ◽  
National Study ◽  
Middle Income ◽  
Risk Levels ◽  
Survey Interviews ◽  
Economic Perspectives

Abstract Background Global concerns regarding the significant burden of non-communicable diseases and injuries (NCDIs) exist from both public health and economic perspectives. Our research focuses on the reduction of fatal risks due to NCDIs and the citizens’ preferences about health programs and intervention to reduce premature death due to NCDIs. Governments and health authorities need reliable evidence and information to prioritize the interests of their citizens. One crucial piece of evidence to justify the resources spent on NCDIs is the value derived from the interventions on prevention and NCDIs control. This concept is usually called “Value of Statistical Life” (VSL), meaning the monetary value that individuals place on changes in the risk levels of life- threatening events. To the best of our knowledge, for the first time, our study will estimate the statistical value of life for selected interventions for the prevention and control of NCDIs at both national and sub-national levels in the context of Iran. This paper reports the development of a national protocol through Discrete Choice Experiments (DCEs) method. Methods and designs Our study comprises several stages: (a) a literature review to identify the attributes and levels of the prevention programs and Willingness to Pay (WTP) for reducing the NCDI’s fatal risks; (b) experimental design to assessing, prioritizing, and finalizing the identified attributes and levels; (c) instrumental design to conduct face-to-face structured survey interviews of 3180 respondents aged 18–69 across the entire country; (d) statistical analysis to estimate the results through the Mixed Multinomial logit (MMNL) model. Discussion We anticipate that our findings will help build a stronger empirical basis for monetizing the value of small changes in selected fatality risks. It paves the way for other national or vast VSL estimates for NCDIs, as well as other major causes of morbidity and mortality in the context of Iran, and perhaps other low and middle-income countries (LMICs).

scholarly journals The Impact of Environmental Sustainability Labels on Willingness-to-Pay for Foods: A Systematic Review and Meta-Analysis of Discrete Choice Experiments

Nutrients ◽  
2021 ◽  
Vol 13 (8) ◽  
pp. 2677
Author(s):  
Anastasios Bastounis ◽  
John Buckell ◽  
Jamie Hartmann-Boyce ◽  
Brian Cook ◽  
Sarah King ◽  
...  
Keyword(s):  
Willingness To Pay ◽  
Discrete Choice ◽  
Environmental Sustainability ◽  
Purchasing Power Parity ◽  
Meta Analysis ◽  
Choice Experiments ◽  
Discrete Choice Experiments ◽  
Environmental Damage ◽  
Environmentally Sustainable ◽  
The Impact

Food production is a major contributor to environmental damage. More environmentally sustainable foods could incur higher costs for consumers. In this review, we explore whether consumers are willing to pay (WTP) more for foods with environmental sustainability labels (‘ecolabels’). Six electronic databases were searched for experiments on consumers’ willingness to pay for ecolabelled food. Monetary values were converted to Purchasing Power Parity dollars and adjusted for country-specific inflation. Studies were meta-analysed and effect sizes with confidence intervals were calculated for the whole sample and for pre-specified subgroups defined as meat-dairy, seafood, and fruits-vegetables-nuts. Meta-regressions tested the role of label attributes and demographic characteristics on participants’ WTP. Forty-three discrete choice experiments (DCEs) with 41,777 participants were eligible for inclusion. Thirty-five DCEs (n = 35,725) had usable data for the meta-analysis. Participants were willing to pay a premium of 3.79 PPP$/kg (95%CI 2.7, 4.89, p ≤ 0.001) for ecolabelled foods. WTP was higher for organic labels compared to other labels. Women and people with lower levels of education expressed higher WTP. Ecolabels may increase consumers’ willingness to pay more for environmentally sustainable products and could be part of a strategy to encourage a transition to more sustainable diets.

scholarly journals How Should Discrete Choice Experiments with Duration Choice Sets Be Presented for the Valuation of Health States?

2017 ◽  
Vol 38 (3) ◽  
pp. 306-318 ◽  
Author(s):  
Brendan Mulhern ◽  
Richard Norman ◽  
Koonal Shah ◽  
Nick Bansback ◽  
Louise Longworth ◽  
...  
Keyword(s):  
Discrete Choice ◽  
Choice Experiments ◽  
Discrete Choice Experiments ◽  
Health States ◽  
Choice Sets

scholarly journals Using discrete choice experiments to define patient preferences for outcomes in trials

Trials ◽  
2013 ◽  
Vol 14 (S1) ◽  
Author(s):  
Emily Fargher ◽  
Dyfrig Hughes ◽  
Adele Ring ◽  
Ann Jacoby ◽  
Margaret Rawnsley ◽  
...  
Keyword(s):  
Discrete Choice ◽  
Patient Preferences ◽  
Choice Experiments ◽  
Discrete Choice Experiments
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