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Public provision of four-wheeled walkers: contingent valuation study of economic benefit
Terry Haines1, Cassandra Brown, Jan Morrison
1The University of Queensland and Princess Alexandra Hospital, Brisbane, Australia. terrence_haines@health.qld.gov.au
Objective:
To quantify the economic value of publicly provided four-wheeled walkers as judged by recipients in Queensland, Australia.
Method:
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.
Results:
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.
Conclusion:
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.

