1996
DOI: 10.1177/0272989x9601600115
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Measuring Heart Patients' Willingness to Pay for Changes in Angina Symptoms

Abstract: Willingness-to-pay (WTP) measures of the effects of changes in health on a person's welfare are more comprehensive than traditional cost-of-illness (COI) measures, but they are sometimes difficult to obtain. The authors investigated two approaches for measuring heart patients' WTP for changes in their angina symptoms. First, actual expenditures and perceived angina episodes avoided were used to infer an averting-behavior measurement of WTP. Second, a contingent-valuation approach was used to ask direct WTP que… Show more

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Cited by 89 publications
(57 citation statements)
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“…Evidence from the few studies that have focused on WTP is difficult to interpret due to variability of concepts used, the small samples, and the small number of health states which do not allow for sound statistical testing (Thompson et a l, 1982(Thompson et a l, , 1984Thompson, 1986;O'Brien and Viramontes, 1994;Chestnut et al, 1996). Unless it is possible to improve the operationalisation of WTP it may have to be regarded as an unfeasible method.…”
Section: O N C L U S Io N S a N D Discussionmentioning
confidence: 99%
“…Evidence from the few studies that have focused on WTP is difficult to interpret due to variability of concepts used, the small samples, and the small number of health states which do not allow for sound statistical testing (Thompson et a l, 1982(Thompson et a l, , 1984Thompson, 1986;O'Brien and Viramontes, 1994;Chestnut et al, 1996). Unless it is possible to improve the operationalisation of WTP it may have to be regarded as an unfeasible method.…”
Section: O N C L U S Io N S a N D Discussionmentioning
confidence: 99%
“…Examples include paying for reductions in urinary incontinence symptoms [5] or reductions in angina symptoms [6]. Researchers are starting to branch out and ask WTP about other issues.…”
Section: Introductionmentioning
confidence: 99%
“…In addition, WTP for the inpatient treatment of myocardial infarction (MI) was also measured, for which hypertension is a major risk factor. While there have been several previous reports concerning WTP for the treatment of cardiovascular diseases in Sweden 16,17) and the United States, 18,19) this study is the first of its kind in Japan. We regard this study as being a pilot study of WTP measurement for our future studies of cost-benefit analysis in Japan's healthcare system.…”
mentioning
confidence: 90%