Eliciting stated health preferences: an application to willingness to pay for longevity.

Published

Journal Article

The economic analysis of many health policies requires evaluation of the benefits of programs that may prolong human lives. This article contributes to the development of credible values for longevity, demonstrating the feasibility of applying stated-preference market-research techniques to a new area of preference revelation and framing the problem as extending longevity under realistic health states associated with advanced age. Respondents to the authors' stated-preference survey clearly indicated that quality of life affects the value of quantity of life. The results demonstrate the sensitivity of life-extension values to specific health and activity-limitation conditions. The article also discusses problems that remain to be solved before valid and reliable longevity values can be obtained.

Full Text

Duke Authors

Cited Authors

  • Johnson, FR; Desvousges, WH; Ruby, MC; Stieb, D; De Civita, P

Published Date

  • April 1998

Published In

Volume / Issue

  • 18 / 2 Suppl

Start / End Page

  • S57 - S67

PubMed ID

  • 9566467

Pubmed Central ID

  • 9566467

International Standard Serial Number (ISSN)

  • 0272-989X

Digital Object Identifier (DOI)

  • 10.1177/0272989X98018002S08

Language

  • eng

Conference Location

  • United States