Publication: Customers’ preferences and willingness to pay for a future dengue vaccination: A study of the empirical evidence in Vietnam
Issued Date
2018-01-01
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1177889X
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2-s2.0-85058691044
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Mahidol University
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SCOPUS
Bibliographic Citation
Patient Preference and Adherence. Vol.12, (2018), 2507-2515
Suggested Citation
Trung Quang Vo, Quang Vinh Tran, Nam Xuan Vo Customers’ preferences and willingness to pay for a future dengue vaccination: A study of the empirical evidence in Vietnam. Patient Preference and Adherence. Vol.12, (2018), 2507-2515. doi:10.2147/PPA.S188581 Retrieved from: https://repository.li.mahidol.ac.th/handle/20.500.14594/47122
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Title
Customers’ preferences and willingness to pay for a future dengue vaccination: A study of the empirical evidence in Vietnam
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Abstract
© 2018 Vo et al. 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.