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Because of this effect, we recommend that policy makers exercise caution when interpreting and using willingness to pay results from primary studies.
Using "willingness to pay" (WTP) of 60,000 euros, some of the theoretical models used in the study suggested that the methods could be cost-effective (Strom et al. 2008).
We also plan to assess the cost utility of the intervention using willingness to pay thresholds ranging between £0 and £40 000 44 and to run two sensitivity analyses: Excluding high-cost individuals (top 5%).
Using willingness to pay as a measure of preference for the defined drug profiles, respondents were worse off (by almost £12 monthly) if they received alfa blockers compared with no medication.
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He's using willingness-to-volunteer as proof of superior patriotism, and superior patriotism is the one claim to status left to those who have no other.
DACEHTA recommends not using willingness-to-pay in isolation [ 27].
Using willingness-to-pay thresholds is more likely to be relevant for product design in the case of decision makers with more explicitly stated values and methods like the National Institute of Health and Clinical Excellence in the UK.
Our objectives were to: (1) describe parent preferences for GAS disease and vaccination using willingness-to-pay (WTP) and time trade-off (TTO) methods; and (2) understand how parents' implied WTP for a quality-adjusted life year (QALY) gained might vary depending on the particular health outcome considered (e.g. averted GAS disease vs. vaccine adverse events).
Thus, our objectives were to: (1) describe parent preferences for GAS disease and vaccination using willingness-to-pay (WTP) and time trade-off (TTO) methods, and (2) understand how parent's implied WTP for a quality-adjusted life year (QALY) gained might vary depending on the particular health outcome considered (e.g. averted GAS disease vs. vaccine adverse events).
In this paper we use willingness to pay (WTP) to elicit values for private insurance covering treatment for four different health problems.
Monte Carlo simulation and PSA confirm that racecadotril is the dominant treatment strategy and is almost certainly cost effective, under the central assumptions of the model, at a commonly used willingness to pay proxy threshold range of £20,000 £30,000 per QALY.
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