TY  - JOUR
T1  - Valuation on Health States: A Contingent Valuation Study
AU - Noughabi, Javad Javan AU - Faramarzi, Ahmad AU - Sadeghi, Ahmad 
JO  - Research Journal of Applied Sciences
VL  - 13
IS  - 2
SP  - 157
EP  - 161
PY  - 2018
DA  - 2001/08/19
SN  - 1815-932x
DO  - rjasci.2018.157.161
UR  - https://makhillpublications.co/view-article.php?doi=rjasci.2018.157.161
KW  - Cost benefit analysis
KW  -contingent value
KW  -willingness to pay
KW  -Iran
KW  -severe health status
KW  -indicates
AB  - The use of Willingness-To-Pay (WTP) to value the benefits of health (care) in monetary terms is
increasing. We aimed to estimate willingness-to-pay for health status with different severity level and identify
determinant factors on WTP. A cross sectional study was conducted in Shiraz, Iran in March and April 2015.
The open-ended method was used to estimate monthly WTP. Multivariate regression analyses using ordinary
least squares were applied to examine the effect of scio-demographic factors on WTP. The mean value of private
WTP is higher than the mean value of the altruistic WTP in all health status. But in worse health status, the
mean value difference became greater that means respondents willing to pay private. The calculation of
“mild/severe ratio” showed that increasing in severity of illness, the relative increase in private WTP was higher
than altruistic WTP. The finding indicates that the mean of WTP increases at sever health status, therefore,
health policy maker should allocate resources toward severe health status.
ER  -