IDEAS home Printed from https://ideas.repec.org/a/ris/qjatoe/0332.html
   My bibliography  Save this article

Estimating Willingness to Pay for Influenza Vaccine: An Application One-One Half Bounded (OOHB) Dichotomous Choice in Iran

Author

Listed:
  • Jani, Siavash

    (Associate Professor, Department of Economics, Payame Noor University, Tehran, Iran)

  • Mehrara, Mohsen

    (Professor, Department of Economics, University of Tehran, Tehran, Iran)

  • Khodadadkashi, Farhad

    (Professor, Department of Economics, Payame Noor University, Tehran, Iran)

  • Soleimani, Yasha

    (Phd student of Payame Noor University, Tehran, Iran)

Abstract

In this research, due to the importance of the infectious disease of influenza, the willingness to pay for the use of the influenza vaccine and the factors affecting it were investigated. The method used to calculate the willingness to pay is the contingent valuation survey based on the use of the One-One Half Bounded(OOHB) Dichotomous Choice method. In this method, first, by using a pre-test questionnaire, the bid amounts were estimated using Cooper's method (DWEABS). Through the Mitchell and Carson formula, the sample size of 357 people was determined for the whole country. In the following, based on the log-normal distribution and the maximum likelihood method (MLE), the median and mean willingness to pay for the use of influenza vaccine were estimated to be 10800000 and 12300000 IRR, respectively. The results of the research showed that getting the influenza vaccine before, the importance of health issues, income, education, and disease background are the influencing variables on willingness to pay for the influenza vaccine

Suggested Citation

  • Jani, Siavash & Mehrara, Mohsen & Khodadadkashi, Farhad & Soleimani, Yasha, 2024. "Estimating Willingness to Pay for Influenza Vaccine: An Application One-One Half Bounded (OOHB) Dichotomous Choice in Iran," Quarterly Journal of Applied Theories of Economics, Faculty of Economics, Management and Business, University of Tabriz, vol. 11(1), pages 105-148, June.
    • Handle: RePEc:ris:qjatoe:0332
    as

    Download full text from publisher

    File URL: https://ecoj.tabrizu.ac.ir/article_18042_275dbc8adb62f78a341b3670f37093e9.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Consumer Preferences; Contingent Valuation; Willingness to Pay; One-One Half Bounded (OOHB) Dichotomous Choice; Influenza Vaccine;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • P46 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:qjatoe:0332. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sakineh Sojoodi (email available below). General contact details of provider: https://edirc.repec.org/data/fetabir.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.