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Patient Preferences for Depression Treatment
Programs and Willingness To Pay for Treatment:
Heterogeneity and Anhedonia
Short title: Patient Preferences for Depression Treatment Programs
Edward Morey ∗
Department of Economics, University of Colorado-Boulder
Jennifer Thacher †
Department of Economics, University of New Mexico
W. Edward Craighead
Department of Psychology, Emory University
December 21, 2006
∗Edward Morey and Jennifer Thacher are equal authors and rotate authorship position across
articles. We thank Kaiser Permanente for allowing us to conduct the study and Arne Beck, Cathy
Bartsch, and Carolee Nimmer for sponsoring the project. Special thanks to the patients who
participated in the study and the clinicians who recruited them. Thanks to Nick Flores, Luke
Rodgers, and Don Waldman for valuable comments and suggestions.
†Correspondent. 505-277-1965; Fax: 505-277-9445; jthacher@; MSC305 3060, Univer-
sity of New Mexico, Albuquerque NM 87108
1
Abstract
Background: Current estimates of the societal costs of depression do not
include estimates of how much individuals diagnosed with Major Depressive
Disorder (MDD) would be willing to pay to eliminate their depression or how
much they would have to be paid in order to accept continued depression.
Choice experiment data and discrete-choice random-utility models provide a
useful method for valuing changes in mental health and mental-health treat-
ment programs.
Aims of the study: (1) To demonstrate how choice questions and discrete-
choice random-utility models can be used to estimate preferences over treat-
ment prog
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