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Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam

BACKGROUND: Dengue was endemic to Vietnam. Due to the lack of a readily available remedy, dengue vaccines (DV) have been used elsewhere to cure the disease. However, introducing DV in Vietnam has met resistance from society and the government, influencing decisions about willingness-to-pay (WTP) and...

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Autores principales: Vo, Trung Quang, Tran, Quang Vinh, Vo, Nam Xuan
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Dove Medical Press 2018
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6267625/
https://www.ncbi.nlm.nih.gov/pubmed/30568429
http://dx.doi.org/10.2147/PPA.S188581
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author Vo, Trung Quang
Tran, Quang Vinh
Vo, Nam Xuan
author_facet Vo, Trung Quang
Tran, Quang Vinh
Vo, Nam Xuan
author_sort Vo, Trung Quang
collection PubMed
description BACKGROUND: Dengue was endemic to Vietnam. Due to the lack of a readily available remedy, dengue vaccines (DV) have been used elsewhere to cure the disease. However, introducing DV in Vietnam has met resistance from society and the government, influencing decisions about willingness-to-pay (WTP) and other pharmacoeconomic studies. This research aimed to evaluate the extent to which Vietnamese customers would be willing to pay to vaccinate themselves and their children, if any at all, against dengue. MATERIALS AND METHODS: This was a cross-sectional interview-based research. Contingent valuation method, combined with the bidding technique and several open-ended questions, were used to obtain the maximum WTP values for six hypothetical scenarios of two types of DV (60% efficacy for 10 years, “Type 1” vs 90% efficacy for 20 years, “Type 2”). RESULTS: The median WTP per adult for Type 1 and Type 2 DV were US$130.34 and US$217.39, respectively. The median WTP rates per parent for their own vaccination were US$86.96 (Type 1) and US$156.52 (Type 2), for their children vaccination costs were US$108.70 (Type 1) and US$195.65 (Type 2). Five factors affected the WTP rates: monthly income, marital status, area, locality and level of education. CONCLUSION: The WTP rates for DV were high, supporting the introduction of DV in Vietnam.
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spelling pubmed-62676252018-12-19 Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam Vo, Trung Quang Tran, Quang Vinh Vo, Nam Xuan Patient Prefer Adherence Original Research BACKGROUND: Dengue was endemic to Vietnam. Due to the lack of a readily available remedy, dengue vaccines (DV) have been used elsewhere to cure the disease. However, introducing DV in Vietnam has met resistance from society and the government, influencing decisions about willingness-to-pay (WTP) and other pharmacoeconomic studies. This research aimed to evaluate the extent to which Vietnamese customers would be willing to pay to vaccinate themselves and their children, if any at all, against dengue. MATERIALS AND METHODS: This was a cross-sectional interview-based research. Contingent valuation method, combined with the bidding technique and several open-ended questions, were used to obtain the maximum WTP values for six hypothetical scenarios of two types of DV (60% efficacy for 10 years, “Type 1” vs 90% efficacy for 20 years, “Type 2”). RESULTS: The median WTP per adult for Type 1 and Type 2 DV were US$130.34 and US$217.39, respectively. The median WTP rates per parent for their own vaccination were US$86.96 (Type 1) and US$156.52 (Type 2), for their children vaccination costs were US$108.70 (Type 1) and US$195.65 (Type 2). Five factors affected the WTP rates: monthly income, marital status, area, locality and level of education. CONCLUSION: The WTP rates for DV were high, supporting the introduction of DV in Vietnam. Dove Medical Press 2018-11-27 /pmc/articles/PMC6267625/ /pubmed/30568429 http://dx.doi.org/10.2147/PPA.S188581 Text en © 2018 Vo et al. This work is published and licensed by Dove Medical Press Limited The full terms of this license are available at https://www.dovepress.com/terms.php and incorporate the Creative Commons Attribution – Non Commercial (unported, v3.0) License (http://creativecommons.org/licenses/by-nc/3.0/). By accessing the work you hereby accept the Terms. Non-commercial uses of the work are permitted without any further permission from Dove Medical Press Limited, provided the work is properly attributed.
spellingShingle Original Research
Vo, Trung Quang
Tran, Quang Vinh
Vo, Nam Xuan
Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam
title Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam
title_full Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam
title_fullStr Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam
title_full_unstemmed Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam
title_short Customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in Vietnam
title_sort customers’ preferences and willingness to pay for a future dengue vaccination: a study of the empirical evidence in vietnam
topic Original Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6267625/
https://www.ncbi.nlm.nih.gov/pubmed/30568429
http://dx.doi.org/10.2147/PPA.S188581
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