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Attributing a monetary value to patients' time: A...
Journal article

Attributing a monetary value to patients' time: A contingent valuation approach

Abstract

It is hard to ignore the importance of patient time investment in the production of health since the influential paper by Grossman (1972). Patients' time includes time to admission, travel time, waiting time, and treatment time and can be substantial. Patients' time is, however, often ignored in economic analyses. This may lead to biased results and inappropriate policy recommendations, which may eventually influence patients' health, wellbeing …

Authors

van den Berg B; Gafni A; Portrait F

Journal

Social Science & Medicine, Vol. 179, , pp. 182–190

Publisher

Elsevier

Publication Date

April 2017

DOI

10.1016/j.socscimed.2017.02.025

ISSN

0277-9536