An analysis of economic incentives to encourage organ donation: evidence from Chile

Latin American Economic Review

Table 4 Option value of a kidney and participation premiums in an optimistic scenario (US$ of 2013)

	Wage	Option value	Participation premium	Costs	Savings
	Wage	Option value	Participation premium	Costs	Costs + QALY
	(1)	(2)	(3)	(4)	(5)
Mean	625	17,000	4653	33,616	165,219
Percentiles
1	40	1085	297	49,531	181,134
5	102	2772	759	47,844	179,447
10	160	4338	1187	46,278	177,881
25	245	6653	1821	43,963	175,566
50	367	9979	2731	40,637	172,240
75	612	16,631	4552	33,985	165,588
90	1213	32,977	9026	17,639	149,242
95	1995	54,230	14,843	(3614)	127,989
99	4078	110,875	30,347	(60,259)	71,344

(a) Option value is computed per percentile weighting the percentile VSI by 0.10 and the percentile VSL by 0.001 according to the Chilean National Health Survey (2003). (b) Negative values (costs) in parentheses. (c) Participation premiums are computed subtracting the reservation price in Table 2 to the option value. (d) Savings in costs consider only savings to the health system. Benefits in QALY consider gains of improving the quality of life of patients after receiving an organ (see Harrison et al. (2010) and references therein)