2022
DOI: 10.1016/j.jval.2022.05.005
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Preference Variation: Where Does Health Risk Attitude Come Into the Equation?

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Cited by 4 publications
(2 citation statements)
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“…In addition to the above-specified utility function, a class assignment model was fitted to each of the LCMs. On the basis of previous research [ 17 , 20 , 32 , 33 ], demographic variables (age, gender and educational level), vaccination status, HRAS and COO were included to test if these variables impacted class membership and thereby explain heterogeneity in preferences.…”
Section: Methodsmentioning
confidence: 99%
“…In addition to the above-specified utility function, a class assignment model was fitted to each of the LCMs. On the basis of previous research [ 17 , 20 , 32 , 33 ], demographic variables (age, gender and educational level), vaccination status, HRAS and COO were included to test if these variables impacted class membership and thereby explain heterogeneity in preferences.…”
Section: Methodsmentioning
confidence: 99%
“…The final model was based on parsimoniousness and Bayesian Information Criterion outcomes and resulted in a two-class ordered latent class (2-OLCM) model, which assumed that the underlying classes are ordered on a single latent dimension (in our case, the WHO vaccine hesitance scale) [ 44 ]. Ordered latent class models are not new to the econometric literature (e.g., Gopinath and Ben-Akiva [ 45 ]; Swait and Sweeney [ 46 ]; Swait and Adamowicz [ 47 ]), but its frequency of use is much lower than its categorical counterpart (e.g., among many others, Huls et al [ 48 ]). We detail the full model in the S4 Appendix , to which we direct the reader, whereas in S5 Appendix more details about the DCE analysis can be found.…”
Section: Methodsmentioning
confidence: 99%