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On the use of willingness-to-pay studies in health


Zweifel, Peter (2001). On the use of willingness-to-pay studies in health. Schweizerische Zeitschrift für Volkswirtschaft und Statistik = Swiss journal of economics and statistics, 137(1):11-25.

Abstract

Health policy makers know that their decisions affect the chances of well-being and survival of individuals and that they implicitly are valuing human lives. Evidence with regard to willingness-to-pay (WTP) informs about the value individuals themselves put on these chances; it thus holds the promise of contributing to consistent decisions that lead to an improved benefit-cost ratio of health services for (potential) patients. However, such improvement is more likely if information about WTP is used by competing health insurers rather than the government.

Health policy makers know that their decisions affect the chances of well-being and survival of individuals and that they implicitly are valuing human lives. Evidence with regard to willingness-to-pay (WTP) informs about the value individuals themselves put on these chances; it thus holds the promise of contributing to consistent decisions that lead to an improved benefit-cost ratio of health services for (potential) patients. However, such improvement is more likely if information about WTP is used by competing health insurers rather than the government.

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Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Language:English
Date:2001
Deposited On:11 Feb 2008 12:21
Last Modified:05 Apr 2016 12:17
Publisher:Schweizerische Gesellschaft für Volkswirtschaft und Statistik = Swiss Society of Economics and Statistics
ISSN:0303-9692
Related URLs:http://search.ebscohost.com/login.aspx?direct=true&db=ecn&AN=0566007&loginpage=Login.asp&site=ehost-live
http://www.szvs.ch/index_e.php
Permanent URL: http://doi.org/10.5167/uzh-1231

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