Price sensitivity
Price was the dominant determinant of patient choice in the experiment. Uptake probabilities fell roughly linearly as price increased from ¥50 to ¥100 per month. The mixed logit model found a large negative effect of subscription fees on u…
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Price was the dominant determinant of patient choice in the experiment. Uptake probabilities fell roughly linearly as price increased from ¥50 to ¥100 per month. The mixed logit model found a large negative effect of subscription fees on utility. Selection declined sharply as the monthly subscription fee rose from free to ¥100 and ¥200.