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Learning and satisficing: an analysis of sequence effects in health valuation.
- Source :
-
Value in health : the journal of the International Society for Pharmacoeconomics and Outcomes Research [Value Health] 2015 Mar; Vol. 18 (2), pp. 217-23. Date of Electronic Publication: 2015 Feb 02. - Publication Year :
- 2015
-
Abstract
- Objective: To estimate the effect of sequence on response precision and response behavior in health valuation studies.<br />Methods: Time trade-off (TTO) and paired comparison responses from six health valuation studies-four US, one Spanish, and one Dutch-were examined (22,225 respondents) to test whether task sequence influences response precision (e.g., rounding), response changes, and median response times. Each study used a computer-based instrument that randomized task sequence among a national sample of adults, age 18 years or older, from the general population.<br />Results: For both TTO and paired comparisons, median response times decreased with sequence (i.e., learning), but tended to flatten after the first three tasks. Although the paired comparison evidence demonstrated that sequence had no effect on response precision, the frequency of rounded TTO responses (to either 1-year or 5-year units) increased with sequence.<br />Conclusions: Based on these results, randomizing or reducing the number of paired comparison tasks does not appear to influence response precision; however, generalizability, practicality, and precautionary considerations remain. Overall, participants learned to respond efficiently within the first three tasks and did not resort to satisficing, but may have rounded their TTO responses.<br /> (Copyright © 2015 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.)
Details
- Language :
- English
- ISSN :
- 1524-4733
- Volume :
- 18
- Issue :
- 2
- Database :
- MEDLINE
- Journal :
- Value in health : the journal of the International Society for Pharmacoeconomics and Outcomes Research
- Publication Type :
- Academic Journal
- Accession number :
- 25773557
- Full Text :
- https://doi.org/10.1016/j.jval.2014.11.005