Table 3.
Dependent variable: preference for AD prevention with six categories (1–6), each indicating WTP (per month) of <$5, $5–25, $25–100, $100–250, $250–1000, and $1000 for a drug preventing AD
| ||||
---|---|---|---|---|
(A) With perceived risk of AD N = 715 |
(B) Without perceived risk of AD N = 743 |
|||
Coefficient (SE) | P-value | Coefficient (SE) | P-value | |
Perceived risk of AD (0–100) | 0.01‡ (0.002) | <0.001 | ||
Known risk factors of AD | ||||
Age | −0.01* (0.01) | 0.10 | −0.01 (0.01) | 0.14 |
Cognitive functioning (0–27) | 0.03‡ (0.01) | 0.01 | 0.03† (0.01) | 0.01 |
Physical activity | 0.02 (0.09) | 0.85 | 0.02 (0.09) | 0.79 |
Stroke | 0.07 (0.18) | 0.70 | 0.16 (0.18) | 0.39 |
Heart attack | −0.08 (0.36) | 0.83 | −0.27 (0.39) | 0.49 |
Diabetes | 0.16 (0.12) | 0.18 | 0.19 (0.12) | 0.10 |
Any ADL limitation | −0.34† (0.15) | 0.02 | −0.28* (0.15) | 0.06 |
Other sociodemographic factors | ||||
Female | −0.07 (0.10) | 0.46 | −0.01 (0.10) | 0.93 |
Race/ethnicity (ref: non-Hispanic white) | ||||
Black | 0.14 (0.16) | 0.40 | 0.02 (0.16) | 0.93 |
Hispanic | −0.33 (0.21) | 0.11 | −0.39* (0.22) | 0.08 |
Other race | 0.70 (0.44) | 0.11 | 0.55 (0.40) | 0.18 |
Education (ref: high school graduate) | ||||
Less than high school | −0.08 (0.13) | 0.54 | −0.13 (0.12) | 0.27 |
Some college | −0.07 (0.11) | 0.49 | −0.05 (0.11) | 0.60 |
Married | 0.13 (0.11) | 0.26 | 0.16 (0.11) | 0.13 |
Household wealth (/100 k) | 0.005‡ (0.002) | 0.005 | 0.005† (0.002) | 0.02 |
Household income (/100 k) | 0.08 (0.07) | 0.24 | 0.06 (0.06) | 0.38 |
Prescription drug coverage | 0.15 (0.11) | 0.18 | 0.14 (0.11) | 0.22 |
Constant | 3.64‡ (0.53) | <0.001 | 3.75‡ (0.52) | <0.001 |
R-squared | 0.10 | 0.08 |
P < 0.1,
P < 0.05,
P < 0.01.
Coefficient (robust standard errors).
AD, Alzheimer’s disease; ADL, activity of daily living; SE, standard error; WTP, willingness to pay.