Description The Handbook of Health Economics provide an up-to-date survey of the burgeoning literature in health economics. As a relatively recent
subdiscipline of economics, health economics has been remarkably successful. It has made or stimulated numerous contributions to various
areas of the main discipline: the theory of human capital; the economics of insurance; principal-agent theory; asymmetric information;
econometrics; the theory of incomplete markets; and the foundations of welfare economics, among others. Perhaps it has had an even greater
effect outside the field of economics, introducing terms such as opportunity cost, elasticity, the margin, and the production function
into medical parlance. Indeed, health economists are likely to be as heavily cited in the clinical as in the economics literature. Partly
because of the large share of public resources that health care commands in almost every developed country, health policy is often a
contentious and visible issue; elections have sometimes turned on issues of health policy. Showing the versatility of economic theory,
health economics and health economists have usually been part of policy debates, despite the vast differences in medical care institutions
across countries. The publication of the first Handbook of Health Economics marks another step in the evolution of health economics.
Contents
Introduction (A.J. Culyer and J.P. Newhouse).
Part 1: Overviews and Paradigms. Health care systems internationally
compared (B. Jonsson and U.-G. Gerdtham). An overview of the normative economics of the health sector (J. Hurley). Medical care prices
and output (E.R. Berndt et al.). Recent developments in CBA/CEA (A. Garber). Information diffusion and best practice adoption
(C.E. Phelps). Health econometrics (A.M. Jones).
Part 2: Demand and Reimbursement for Medical Services. The human capital
model (M. Grossman). Moral hazard and consumer incentives in health care (P. Zweifel and W.G. Manning). Physician agency (T.G. McGuire).
Insurance reimbursement (M.V. Pauly).
Part 3: Insurance Markets, Managed Care and Contracting. Insurance markets and
adverse selection (D. Cutler and R. Zeckhauser). Health insurance and the labor market (J. Gruber). Managed care (S. Glied). Risk adjustment
in competitive health plan markets(W.P.M.M. van de Ven and R.P. Ellis). Government purchasing of health services (M. Chalkley and J.M.
Malcomson).
Books and book related electronic products are priced in US dollars (USD), euro (EUR), and Great Britain Pounds (GBP). USD prices apply to the Americas and Asia Pacific. EUR prices apply in Europe and the Middle East. GBP prices apply to the UK and all other countries.