An experimental study of preferences for resource allocation of medical technology

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To understand what factors general public consider when they allocate resources for medical technologies, discrete choice experiments for prostate cancer screening are performed. In addition, new method is invented to estimate time and risk preference parameters simultaneously. In prostate cancer screening, the elevation of false-positive rate and false-negative rate and high out-of-pocket payment is associated with lower probability of screening participation. The relation between demand of medical technology and time and preference is suggested.