An estimation of US horse-owner/caregiver willingness-to-pay for daily use and infectious upper respiratory disease treatment options
- PMID: 29171908
- DOI: 10.1111/evj.12786
An estimation of US horse-owner/caregiver willingness-to-pay for daily use and infectious upper respiratory disease treatment options
Abstract
Background: Equine injury and disease cause two types of costs for those financially responsible for treating and caring for the infected horse(s); direct costs of treating the horse and indirect cost of lost use of the horse for a period of time to the user of the horse (daily horse use). Indirect costs are more difficult to estimate but pose significant financial implications for equine-owners/caregivers. Additionally, there exists a gap in existing research regarding the valuation of infectious treatment options in horses.
Objective: To estimate the value a US horse-owner/caregiver places on daily horse use and describe respondents' willingness-to-pay for various attributes of equine treatment options.
Study design: Online questionnaire survey.
Methods: An online questionnaire was provided to equine-owners and caretakers, and owner demographic, horse care and horse use information from respondents were requested. Additionally, respondents were presented with hypothetical disease treatment options with the following attributes: daily dosage, number of days of rest required, route of administration and out-of-pocket cost to the owner/caretaker through a choice experiment. Data were analysed using a rank-ordered logit analysis and willingness-to-pay estimates for daily use and treatment options were calculated.
Results: Results suggest that the average horse-owner with an uninsured and insured horse is willing to pay $12.07 (95% confidence interval: -$15.01, -$9.69) and $17.95 (95% confidence interval: -$25.30, -$11.20) per day to reduce lost use days required (due to need for rest) respectively. Respondents showed preferences for oral administration over treatments requiring i.m. injections.
Main limitations: As this study employed an online survey it was subjected to self-selection bias and a sample size calculation was not performed.
Conclusions: Veterinarians and pharmaceutical companies may use these results when promoting various treatment options to horse-owners/caregivers and in product development. Additionally, promotion efforts may be targeted towards equine-owners with higher daily use values (owners with insured horses).
Keywords: disease treatment preferences; horse; use values, best-worst choice experiment; willingness-to-pay.
© 2017 EVJ Ltd.
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