Health Economics. (2013)

• Record Type: Book
• Other Names: Bhattacharya, Jay
• Contents: Cover; Brief Contents; Contents; About the authors; Preface; Suggested pathways through the book; Authors' acknowledgments; Publisher's acknowledgments; 1 Why health economics?; 1.1 The health care economy is massive; 1.2 Health is uncertain and contagious; 1.3 Health economics is public finance; 1.4 Welfare economics; 1.5 A special note for non-American readers; I: Demand for health and health care; 2 Demand for health care; 2.1 Experiments on the demand for health care; 2.2 Is demand for health care downward-sloping?; 2.3 Measuring price sensitivity with elasticities. 2.4 Does the price of health care affect health?2.5 Conclusion; 2.6 Exercises; 3 Demand for health: the Grossman model; 3.1 A day in the life of the Grossman model; 3.2 An optimal day; 3.3 Extending Grossman from cradle to grave; 3.4 Comparative statics; 3.5 Unifying the Grossman model; 3.6 Conclusion; 3.7 Exercises; 4 Socioeconomic disparities in health; 4.1 The pervasiveness of health inequality; 4.2 The Grossman model and health disparities; 4.3 The efficient producer hypothesis; 4.4 The thrifty phenotype hypothesis; 4.5 The direct income hypothesis; 4.6 The allostatic load hypothesis. 4.7 The productive time hypothesis4.8 Time preference: the Fuchs hypothesis; 4.9 Conclusion; 4.10 Exercises; II: Supply of health care; 5 The labor market for physicians; 5.1 The training of physicians; 5.2 Physician wages; 5.3 Barriers to entry; 5.4 Physician agency; 5.5 Racial discrimination by physicians; 5.6 Conclusion; 5.7 Exercises; 6 The hospital industry; 6.1 The rise and decline of the modern hospital; 6.2 The relationship between hospitals and physicians; 6.3 The relationship between hospitals and other hospitals; 6.4 Nonprofits and hospital production. 6.5 The relationship between hospitals and payers6.6 Conclusion; 6.7 Exercises; III: Information economics; 7 Demand for insurance; 7.1 Declining marginal utility of income; 7.2 Uncertainty; 7.3 Risk aversion; 7.4 Uncertainty and insurance; 7.5 Comparing insurance contracts; 7.6 Conclusion; 7.7 Exercises; 8 Adverse selection: Akerlof's market for lemons; 8.1 The intuition behind the market for lemons; 8.2 A formal statement of the Akerlof model; 8.3 The adverse selection death spiral; 8.4 When can the market for lemons work?; 8.5 Conclusion; 8.6 Exercises. 9 Adverse selection: the Rothschild-Stiglitz model9.1 The IH-IS space; 9.2 Indifference curves in IH-IS space; 9.3 The full-insurance line; 9.4 The zero-profit line; 9.5 The feasible contract wedge; 9.6 Finding an equilibrium; 9.7 Heterogeneous risk types; 9.8 Indifference curves for the robust and the frail; 9.9 Information asymmetry and the pooling equilibrium; 9.10 Finding a separating equilibrium (sometimes); 9.11 Can markets solve adverse selection?; 9.12 Conclusion; 9.13 Exercises; 10 Adverse selection in real markets; 10.1 Predictions of asymmetric information models.
• Publisher Details: Place of publication not identified : Palgrave Macmillan
• Publication Date: 2013
• Extent: 1 online resource
• Subjects: 338.473621; General; Medical economics -- Textbooks; Economics, Medical; Medical economics; BUSINESS & ECONOMICS / Industries / General; Economics/Theory; Economics, finance, business & management; Economics; Electronic books; Textbooks
• Languages: English
• ISBNs: 1137029978; 9781137029973
• Related ISBNs: 9781137029966; 113702996X
• Notes: Note: Includes bibliographical references (pages 549-573) and index.; Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.