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- Title
Measuring the value of time for methadone maintenance clients: willingness to pay, willingness to accept, and the wage rate.
- Authors
Natalia N. Borisova; Allen C. Goodman
- 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.
- Subjects
TIME management; METHADONE treatment programs; PEOPLE in recovery from drug addiction; MEDICAL economics; HEALTH services administration
- Publication
Health Economics, 2003, Vol 12, Issue 4, p323
- ISSN
1057-9230
- Publication type
Article
- DOI
10.1002/hec.738