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The conventional procedure resulted in higher TTO scores for the three shortest gauge durations, whereas no significant differences were present for the two longest gauge durations.
According to procedural invariance, these responses should equal the gauge durations used in the conventional procedure.
In addition, the relation between proportions traded off and gauge durations deserves further attention.
Using a broad range of gauge durations is especially important in this context, since the available evidence seems to indicate that findings of violations of CPTO may be related to the gauge durations used [ 14].
Another possibility is that subjects have difficulty imagining small life expectancies, especially when faced with the shortest gauge durations.
They used fixed gauge durations for all questions, but they did adjust for discounting by means of a discounting elicitation method [ 22].
Similar(41)
Hence, this value was subsequently used as the gauge duration in the alternative procedure.
We find no violations of procedural invariance except for the shortest gauge duration.
Figures 1 and 2 already indicated that TTO scores were not independent from gauge duration.
The questions for the alternative procedure had a gauge duration of 2 years in two different imperfect health states.
Those studies also reported a positive correlation between gauge duration and TTO scores for the alternative procedure.
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