PURPOSE: The participants of this series of workshop developed a sound understanding of the benefits of using theory driven conjoint analysis as a means of studying the preferences of patients and other stakeholders in healthcare. Participants gained practical experience of using this method, and developed a better understanding of the value of measuring patient preferences for health care interventions.
DESCRIPTION: Both in the practice and regulation of medicine stakeholders are becoming increasingly concerned with patient preferences. Some of the methods developed in economics and management to study preferences are not commonly understood or utilized in academic medicine. This workshop will demonstrate conjoint analysis, a tool that has a sound theoretical foundation in economics, that is rapidly gaining attention as an important tool in outcomes research. During a series of four workshops, participants will be introduced to conjoint analysis methods, and then participants will be involved in designing, piloting, conducting and analyzing a simple conjoint analysis. This will be a hands on experience that will allow participants to better understand the stages involved in a conjoint analysis and the economic concepts that underpin it. The final workshop will present a checklist for publishing conjoint analysis in medicine:
Keywords: Conjoint analysis, Patient preferences, Economics, Decision making
Workshop 1: Introduction to stated preferences and conjoint analysis
In this workshop we introduce the basic concepts behind the measurement of stated preferences, specifically focusing on conjoint analysis. We will compare conjoint analysis to other economic evaluation method and present some applications of conjoint analysis in the literature.
Duration: 2 hours
Readings:
Workshop 2: Designing a conjoint analysis
During the workshop we will discuss important stages of designing a conjoint analysis, pay special attention to 1) the types of research questions that conjoint analysis can answer, 2) the optimal choice of attributes and attribute level, 3) experimental design, and 4) survey design and presentation of scenarios. During the workshop, each participant will develop their own conjoint analysis. We will also discuss software available that can facilitate conjoint design, including Sawtooth.
Duration: 2 hours
Readings:
Workshop 3: Analyzing results from a conjoint analysis
This workshop will be devoted to issues of analysis of conjoint analysis, including 1) estimation of regression models, 2) estimating strength of preference, 3) estimating welfare measures including willingness to pay and marginal rates of substitute, 4) cluster analysis and 5) policy simulation. Participants will continue to analyze the results of their own conjoint analysis.
Duration: 2 hours
Reading:
Workshop 4: Checklist for conducting and publishing conjoint analyses in health
This workshop will present the findings of the ISPOR Patient Reported Outcomes Special Interest Group’s “Patient Preference Methods – Conjoint Analysis Working Group” study. This project focused on developing a checklist for outcome researchers who want to measure health preferences using these methods. The group’s findings and participants will be invited to comment on our conclusions.
Duration: 2 hours
Reading:
* Circulated during class.