Assessment of casual observers’ willingness to pay for increased attractiveness through rhinoplasty
JAMA Facial Plastic Surgery Jan 22, 2019
Chen D, et al. - Researchers examined the monetary value of changes in attractiveness achieved through rhinoplasty, as perceived by society, by performing a cross-sectional survey administered via public online forums to 228 casual observers. They observed a significant association between the change in attractiveness from a rhinoplasty and its monetary value as perceived by society. For 1 standard deviation increase in attractiveness, a rhinoplasty was valued at $6123.75, and for 2 standard deviations increase in attractiveness, it was valued at $9223.05. Findings thus suggest contingent valuation, or willingness to pay, to be a well-established economic concept that could be used for the valuation of cosmetic facial procedures.
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