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The marginal willingness-to-pay for attributes of a hypothetical HIV vaccine

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dc.contributor.author Cameron, Michael Patrick
dc.contributor.author Newman, Peter A.
dc.contributor.author Roungprakhon, Surachet
dc.contributor.author Scarpa, Riccardo
dc.date.accessioned 2012-10-08T03:44:49Z
dc.date.available 2012-10-08T03:44:49Z
dc.date.issued 2012-09
dc.identifier.citation Cameron, M.P., Newman, P.A., Roungprakhon,S. & Scarpa, R. (2012). The marginal willingness-to-pay for attributes of a hypothetical HIV vaccine. (Department of Economics Working Paper Series, Number 11/12). Hamilton, New Zealand: University of Waikato. en_NZ
dc.identifier.uri http://hdl.handle.net/10289/6689
dc.description.abstract This paper estimates the marginal willingness-to-pay for attributes of a hypothetical HIV vaccine using discrete choice modeling. We use primary data from 326 respondents from Bangkok and Chiang Mai, Thailand, in 2008-2009, selected using purposive, venue-based sampling across two strata. Participants completed a structured questionnaire and full rank discrete choice modelling task administered using computer-assisted personal interviewing. The choice experiment was used to rank eight hypothetical HIV vaccine scenarios, with each scenario comprising seven attributes (including cost) each of which had two levels. The data were analyzed in two alternative specifications: (1) best-worst; and (2) full-rank, using logit likelihood functions estimated with custom routines in Gauss matrix programming language. Knowledge of the relative importance of determinants of HIV vaccine acceptability is important to ensure the success of future vaccination programs. Future acceptability studies of hypothetical HIV vaccines should use more finely-grained biomedical attributes, and could also improve the external validity of results by including more levels of the cost attribute. en_NZ
dc.format.mimetype application/pdf
dc.language.iso en
dc.publisher University of Waikato en_NZ
dc.relation.ispartofseries Department of Economics Working Paper Series
dc.rights ©2012 The Authors en_NZ
dc.subject HIV vaccine en_NZ
dc.subject Willingness-to-pay en_NZ
dc.subject Conjoint analysis en_NZ
dc.subject Discrete choice en_NZ
dc.subject Thailand en_NZ
dc.title The marginal willingness-to-pay for attributes of a hypothetical HIV vaccine en_NZ
dc.type Working Paper en_NZ
uow.relation.series 11/12


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