Is Best–Worst Scaling Suitable for Health State Valuation? A Comparison with Discrete Choice Experiments. (4th December 2016)
- Record Type:
- Journal Article
- Title:
- Is Best–Worst Scaling Suitable for Health State Valuation? A Comparison with Discrete Choice Experiments. (4th December 2016)
- Main Title:
- Is Best–Worst Scaling Suitable for Health State Valuation? A Comparison with Discrete Choice Experiments
- Authors:
- Krucien, Nicolas
Watson, Verity
Ryan, Mandy - Abstract:
- Abstract: Health utility indices (HUIs) are widely used in economic evaluation. The best–worst scaling (BWS) method is being used to value dimensions of HUIs. However, little is known about the properties of this method. This paper investigates the validity of the BWS method to develop HUI, comparing it to another ordinal valuation method, the discrete choice experiment (DCE). Using a parametric approach, we find a low level of concordance between the two methods, with evidence of preference reversals. BWS responses are subject to decision biases, with significant effects on individuals' preferences. Non parametric tests indicate that BWS data has lower stability, monotonicity and continuity compared to DCE data, suggesting that the BWS provides lower quality data. As a consequence, for both theoretical and technical reasons, practitioners should be cautious both about using the BWS method to measure health‐related preferences, and using HUI based on BWS data. Given existing evidence, it seems that the DCE method is a better method, at least because its limitations (and measurement properties) have been extensively researched. Copyright © 2016 John Wiley & Sons, Ltd.
- Is Part Of:
- Health economics. Volume 26:Number 12(2017)
- Journal:
- Health economics
- Issue:
- Volume 26:Number 12(2017)
- Issue Display:
- Volume 26, Issue 12 (2017)
- Year:
- 2017
- Volume:
- 26
- Issue:
- 12
- Issue Sort Value:
- 2017-0026-0012-0000
- Page Start:
- e1
- Page End:
- e16
- Publication Date:
- 2016-12-04
- Subjects:
- best–worst scaling -- discrete choice experiment -- health utility -- stated preferences
Medical economics -- Periodicals
Economics, Medical -- Periodicals
Health Care Costs -- Periodicals
Health Policy -- economics -- Periodicals
Health Services -- economics -- Periodicals
362.1 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1002/hec.3459 ↗
- Languages:
- English
- ISSNs:
- 1057-9230
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4274.966900
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 16241.xml