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Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care
Peter Joseph Hammer
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Description for Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care
Paperback. Looks back at a seminal work of scholarship to provide critical guidance for the years ahead Editor(s): Hammer, Peter Joseph; Haas-Wilson, Deborah; Peterson, Mark A.; Sage, William M. Num Pages: 400 pages, 2 tables, 3 figures. BIC Classification: KCZ; MBP. Category: (P) Professional & Vocational. Dimension: 5969 x 3963 x 23. Weight in Grams: 531.
This volume revisits the Nobel Prize-winning economist Kenneth Arrow’s classic 1963 essay “Uncertainty and the Welfare Economics of Medical Care” in light of the many changes in American health care since its publication. Arrow’s groundbreaking piece, reprinted in full here, argued that while medicine was subject to the same models of competition and profit maximization as other industries, concepts of trust and morals also played key roles in understanding medicine as an economic institution and in balancing the asymmetrical relationship between medical providers and their patients. His conclusions about the medical profession’s failures to “insure against uncertainties” helped initiate the ... Read more
This volume revisits the Nobel Prize-winning economist Kenneth Arrow’s classic 1963 essay “Uncertainty and the Welfare Economics of Medical Care” in light of the many changes in American health care since its publication. Arrow’s groundbreaking piece, reprinted in full here, argued that while medicine was subject to the same models of competition and profit maximization as other industries, concepts of trust and morals also played key roles in understanding medicine as an economic institution and in balancing the asymmetrical relationship between medical providers and their patients. His conclusions about the medical profession’s failures to “insure against uncertainties” helped initiate the ... Read more
Product Details
Publisher
Duke University Press
Format
Paperback
Publication date
2003
Condition
New
Weight
530g
Number of Pages
400
Place of Publication
North Carolina, United States
ISBN
9780822332480
SKU
V9780822332480
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Peter Joseph Hammer
Peter J. Hammer is Assistant Professor at the University of Michigan Law School. Deborah Haas-Wilson is Professor of Economics at Smith College. Mark A. Peterson is Professor of Policy Studies and Political Science at the University of California, Los Angeles, School of Public Policy and Social Research. William M. Sage is Professor at the Columbia University School ... Read more
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