Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care
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, argu...
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| Sprache: | English |
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Durham
Duke University Press
[2003]
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| Online-Zugang: | FAB01 FAW01 FCO01 FHA01 FKE01 FLA01 UPA01 UBG01 Volltext |
| Zusammenfassung: | 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 reevaluation of insurance as a public and private good.Coming from diverse backgrounds-economics, law, political science, and the health care industry itself-the contributors use Arrow's article to address a range of present-day health-policy questions. They examine everything from health insurance and technological innovation to the roles of charity, nonprofit institutions, and self-regulation in addressing medical needs. The collection concludes with a new essay by Arrow, in which he reflects on the health care markets of the new millennium. At a time when medical costs continue to rise, the ranks of the uninsured grow, and uncertainty reigns even among those with health insurance, this volume looks back at a seminal work of scholarship to provide critical guidance for the years ahead.ContributorsLinda H. AikenKenneth J. ArrowGloria J. BazzoliM. Gregg BlocheLawrence CasalinoMichael ChernewRichard A. CooperVictor R. FuchsAnnetine C. GelijnsSherry A. GliedDeborah Haas-WilsonMark A. HallPeter J. HammerClark C. HavighurstPeter D. JacobsonRichard KronickMichael L. MillensonJack NeedlemanRichard R. NelsonMark V. PaulyMark A. PetersonUwe E. ReinhardtJames C. RobinsonWilliam M. SageJ. B. SilversFrank A. SloanJoshua Graff Zivin |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 12. Dez 2020) |
| Beschreibung: | 1 online resource (372 pages) 2 tables, 3 figures |
| ISBN: | 9780822385028 |
| DOI: | 10.1515/9780822385028 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T16:26:55Z |
| indexdate | 2024-07-10T09:03:00Z |
| institution | BVB |
| isbn | 9780822385028 |
| language | English |
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| publisher | Duke University Press |
| record_format | marc |
| spelling | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care Mark A. Peterson, Deborah Haas-Wilson, William M. Sage, Peter J. Hammer Durham Duke University Press [2003] © 2003 1 online resource (372 pages) 2 tables, 3 figures txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed 12. Dez 2020) 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 reevaluation of insurance as a public and private good.Coming from diverse backgrounds-economics, law, political science, and the health care industry itself-the contributors use Arrow's article to address a range of present-day health-policy questions. They examine everything from health insurance and technological innovation to the roles of charity, nonprofit institutions, and self-regulation in addressing medical needs. The collection concludes with a new essay by Arrow, in which he reflects on the health care markets of the new millennium. At a time when medical costs continue to rise, the ranks of the uninsured grow, and uncertainty reigns even among those with health insurance, this volume looks back at a seminal work of scholarship to provide critical guidance for the years ahead.ContributorsLinda H. AikenKenneth J. ArrowGloria J. BazzoliM. Gregg BlocheLawrence CasalinoMichael ChernewRichard A. CooperVictor R. FuchsAnnetine C. GelijnsSherry A. GliedDeborah Haas-WilsonMark A. HallPeter J. HammerClark C. HavighurstPeter D. JacobsonRichard KronickMichael L. MillensonJack NeedlemanRichard R. NelsonMark V. PaulyMark A. PetersonUwe E. ReinhardtJames C. RobinsonWilliam M. SageJ. B. SilversFrank A. SloanJoshua Graff Zivin In English BUSINESS & ECONOMICS / Economics / Theory bisacsh Medical economics United States Annetine C., Gelijns ctb Clark C., Havighurst ctb Deborah, Haas-Wilson ctb Frank A., Sloan ctb Fuchs, Victor R. Sonstige oth Gloria J., Bazzoli ctb Haas-Wilson, Deborah edt Hammer, Peter J. edt J. B., Silvers ctb Jack, Needleman ctb James C., Robinson ctb Joshua Graff, Zivin ctb Kenneth J., Arrow ctb Lawrence, Casalino ctb Linda H., Aiken ctb M. Gregg, Bloche ctb Mark A., Hall ctb Mark A., Peterson ctb Mark V., Pauly ctb Mervin, Shalowitz ctb Michael L., Millenson ctb Michael, ChernewXXecontributorXX4ctbXX4https://id.loc.gov/vocabulary/relators/ctb Sonstige oth Pauly, Mark V. Sonstige oth Peter D., JacobsonXXecontributorXX4ctbXX4https://id.loc.gov/vocabulary/relators/ctb Sonstige oth Peter J., HammerXXecontributorXX4ctbXX4https://id.loc.gov/vocabulary/relators/ctb Sonstige oth https://doi.org/10.1515/9780822385028 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care BUSINESS & ECONOMICS / Economics / Theory bisacsh Medical economics United States |
| title | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care |
| title_auth | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care |
| title_exact_search | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care |
| title_exact_search_txtP | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care |
| title_full | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care Mark A. Peterson, Deborah Haas-Wilson, William M. Sage, Peter J. Hammer |
| title_fullStr | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care Mark A. Peterson, Deborah Haas-Wilson, William M. Sage, Peter J. Hammer |
| title_full_unstemmed | Uncertain Times Kenneth Arrow and the Changing Economics of Health Care Mark A. Peterson, Deborah Haas-Wilson, William M. Sage, Peter J. Hammer |
| title_short | Uncertain Times |
| title_sort | uncertain times kenneth arrow and the changing economics of health care |
| title_sub | Kenneth Arrow and the Changing Economics of Health Care |
| topic | BUSINESS & ECONOMICS / Economics / Theory bisacsh Medical economics United States |
| topic_facet | BUSINESS & ECONOMICS / Economics / Theory Medical economics United States |
| url | https://doi.org/10.1515/9780822385028 |
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