Measuring the value of time for methadone maintenance clients: willingness to pay, willingness to accept, and the wage rate

B-Tier
Journal: Health Economics
Year: 2003
Volume: 12
Issue: 4
Pages: 323-334

Authors (2)

Natalia N. Borisova (not in RePEc) Allen C. Goodman

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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Abstract

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. Copyright © 2002 John Wiley & Sons, Ltd.

Technical Details

RePEc Handle
repec:wly:hlthec:v:12:y:2003:i:4:p:323-334
Journal Field
Health
Author Count
2
Added to Database
2026-01-25