Measuring the value of time for methadone maintenance clients: willingness to pay, willingness to accept, and the wage rate.
Three measures of the value of time - willingness to pay (WTP) for a reduction in travel time, willingness to accept (WTA) a monetary compensation to forgo it, and the wage rate - are evaluated and compared. WTP and WTA were estimated from the two-part regressions of time price, using contingent valuation methods with primary survey data. Systematic differences are found in comparisons of WTP and WTA with the wage rate.
Borisova
Natalia N
NN
Wayne State University, Detroit 48202, USA.
Goodman
Allen C
AC
D000328:Adult; D001741:Black or African American / Q000523:psychology / Q000706:statistics & numerical data; D017281:Cost of Illness; D005260:Female; D005382:Financing, Personal; D017048:Health Care Costs; D006801:Humans; D008297:Male; D008691:Methadone / Q000627:therapeutic use*; D008824:Michigan; D008875:Middle Aged; D010342:Patient Acceptance of Health Care / Q000208:ethnology / Q000706:statistics & numerical data*; D012456:Salaries and Fringe Benefits; D016320:Substance Abuse Treatment Centers / Q000191:economics*; D019966:Substance-Related Disorders / Q000188:drug therapy* / Q000191:economics / Q000208:ethnology / Q000523:psychology; D011795:Surveys and Questionnaires; D014186:Transportation / Q000191:economics; D026712:Value of Life / Q000191:economics
D008691:Methadone