Abstract
The purpose of this exploratory study was to test the feasibility of applying the contingent valuation (CV) method to waiting lists in healthcare. Data for the study were collected by sending a postal questionnaire to all patients in the waiting list for a knee-joint prosthetic replacement operation at Umea University Hospital in Sweden. The mean willingness-to-pay (WTP) for an operation within 2 weeks was substantial, but due to the exploratory nature of this study and to poor significance of the statistical model, this result is tentative at most. The dichotomous type of WTP questions worked better than the open-ended ones. Choosing the bid-vector (perhaps by a focus group or by a pilot study) and not having too small a population is of great importance. Further studies to test the validity of the CV approach to waiting lists in healthcare are needed.
Published Version
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