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The effects of regular and frequent increases in NHS patient charges on patient utilisation and average net ingredient costs of prescription items are analysed using data on NHS prescribed drugs in England for the period 1979-1985. Separate equations are estimated for non-exempt and exempt adult...
Persistent link: https://www.econbiz.de/10005687272
Discrete choice experiments (DCEs) have become a commonly used instrument in health economics. This paper updates a review of published papers between 1990 and 2000 for the years 2001–2008. Based on this previous review, and a number of other key review papers, focus is given to three issues:...
Persistent link: https://www.econbiz.de/10009458040
There has been growing interest in discrete choice experiments (DCEs) in health economics over the last few years. This paper identifies and describes applications conducted during 1990-2000. From this basis some important areas for future research are reflected upon. These include: having a...
Persistent link: https://www.econbiz.de/10009458518
In the recent past, considerable effort in health economics has been made on applying stated preference methods such as contingent valuation and choice experiments. Despite this increased use, there is still considerable scepticism concerning the value of these approaches. The application of...
Persistent link: https://www.econbiz.de/10009459486
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Discrete choice experiments have the advantage that they can study preferences in health care where revealed preference data is not readily available. However, as a substitute for actual observed market led data, the experimental set-up for hypothetical situations must mimic the circumstances...
Persistent link: https://www.econbiz.de/10005440611
Individuals' rationality has been a key issue long debated in Economics. While normative theories establish the way 'rational' consumers should behave, many empirical studies have documented numerous systematic violations of normative principles. This has led some to question the validity of...
Persistent link: https://www.econbiz.de/10005442643
Lancsar and Savage argue that current methods of deriving welfare estimates, using discrete choice experiments, are inconsistent with random utility and welfare theory. In this paper I show that this not the case. The general formula proposed by Small and Rosen for estimating welfare, which...
Persistent link: https://www.econbiz.de/10005442719
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