Public provision of four-wheeled walkers: contingent valuation study of economic benefit

Australasian Journal on Ageing
Terry HainesJan Morrison

Abstract

To quantify the economic value of publicly provided four-wheeled walkers as judged by recipients in Queensland, Australia. Contingent valuation study using willingness-to-pay approach. A sample of 49 Australian older adults who received a publicly funded four-wheeled walker in the past 3 months completed the survey via telephone. A discrete choice bidding response format with a randomly selected starting bid was employed to glean valuations. This approach yielded only one non-response, and one zero dollar response. The mean (standard deviation) valuation provided was $ A 290 ($ A 167), which was $ A 84 in excess of the price paid by the public provider agency to purchase the equipment. Starting bid was significantly associated with values provided. The current public provision program of four-wheeled walkers is likely to generate net societal benefit. These findings coupled with arguments based on equity build a moderate case for the continuation of this program.

References

Jun 12, 1998·JAMA : the Journal of the American Medical Association·B W PenninxR B Wallace
Jul 15, 2004·PharmacoEconomics·Ahmed M Bayoumi
Jan 10, 2006·Biomedical Engineering Online·Tine AlkjaerErik B Simonsen

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Citations

Mar 29, 2020·Assistive Technology : the Official Journal of RESNA·Wen Liang YeohSatoshi Muraki
May 17, 2016·Advances in Simulation·Stephen Maloney, Terry Haines
Dec 24, 2021·Disability and Rehabilitation. Assistive Technology·Wen Liang YeohSatoshi Muraki

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