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. 2021 Oct 5;19(6):871–883. doi: 10.1007/s40258-021-00687-9

Table 5.

Parametric WTP and WTA distribution function (only includes individuals willing to get vaccinated) [n = 1664]

Features of the WTA and WTP distribution Vaccine efficacy (%)
95 70 50
θ1,θ2, and (1-θ1-θ2)
 θ1 (proportion WTP for vaccine) 0.720 (0.020) 0.699 (0.019) 0.625 (0.020)
 θ2 (proportion willing to get vaccinated if paid) 0.161 (0.017) 0.145 (0.014) 0.180 (0.017)
 (1-θ1-θ2) (proportion willing to get vaccinated for free) 0.115 (0.014) 0.156 (0.015) 0.195 (0.017)
WTA distribution
 Intercept − 485.87 (59.40)
 Standard deviation 76.72 (5.84)
 Mean − 716.17 (60.97)
 Median − 525.91 (50.44)
WTP distribution
 Intercept 55.00 (23.67)
 Standard deviation 22.13 (3.13)
 Mean 1147.06 (50.34)
 Median 813.71 (38.87)
WTA and WTP distribution PrWw
 Mean 722.78 (53.12) 705.81 (48.64) 593.96 (49.04)

Note: all standard errors (in parenthesis) calculated using 1000 bootstrapping samples. The intercept and standard deviations of the WTA and WTP distributions correspond to the mean and standard deviation of the underlying uncensored normal distributions. Mean and medians correspond to the censored normal distributions

WTA willingness to accept, WTP willingness to pay