Uncertainty and the Welfare Economics of Medical …...Uncertainty and the Welfare Economics of...

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Uncertainty and the Welfare Economics of Medical Care (American Economic Review, 1963) Kenneth Joseph Arrow Journal of Health Politics, Policy and Law, Volume 26, Number 5, October 2001, pp. 851-883 (Article) Published by Duke University Press For additional information about this article Access provided by Basel, Univ of (10 Oct 2017 13:39 GMT) https://muse.jhu.edu/article/15599

Transcript of Uncertainty and the Welfare Economics of Medical …...Uncertainty and the Welfare Economics of...

Uncertainty and the Welfare Economics of Medical Care (American Economic Review, 1963)

Kenneth Joseph Arrow

Journal of Health Politics, Policy and Law, Volume 26, Number 5, October2001, pp. 851-883 (Article)

Published by Duke University Press

For additional information about this article

Access provided by Basel, Univ of (10 Oct 2017 13:39 GMT)

https://muse.jhu.edu/article/15599

Arrow � Uncertainty and the Welfare Economics of Medical Care 851

852 Journal of Health Politics, Policy and Law

Reinhardt,

Chernew(general

equilibrium)

Arrow � Uncertainty and the Welfare Economics of Medical Care 853

854 Journal of Health Politics, Policy and Law

Hammer(institutions as

economic data)

Arrow � Uncertainty and the Welfare Economics of Medical Care 855

Chernew(marketability)

Glied(insurance

and risk

bearing)

856 Journal of Health Politics, Policy and Law

Haas-Wilson,

Robinson(information as

a commodity)

Gelijns et al.(R & D and

technology)

Arrow � Uncertainty and the Welfare Economics of Medical Care 857

Bloche,

Chernew,

Glied, Hammer(nonmarket

institutions)

Jacobson(government andself-regulation)

Reinhardt(redistribution)

858 Journal of Health Politics, Policy and Law

Sloan(role of the

consumer)

Arrow � Uncertainty and the Welfare Economics of Medical Care 859

Sage(lawyerization

of medicine)

Bloche,

Hall,

Millenson,

Peterson(expected

behavior of

physicians)

Havighurst(antitrust

restraints

of trade)

860 Journal of Health Politics, Policy and Law

Kronick(charity)

Sage(lawyerization

of medicine)

Needleman(nonprofits)

Arrow � Uncertainty and the Welfare Economics of Medical Care 861

Bloche,

Hall

(physician-patient

relationships)

Sloan(consumer

decision making)

Haas-Wilson,

Robinson(information)

Millenson(physicians’

actual

knowledge)

862 Journal of Health Politics, Policy and Law

Cooper and

Aiken(licensing and

medical

education)

Arrow � Uncertainty and the Welfare Economics of Medical Care 863

Gelijns et al.(R & D and

medical

technology)

Kronick(charity)

864 Journal of Health Politics, Policy and Law

Bazzoli(provider

compensation)

Havighurst(antitrust

enforcement)

Reinhardt(redistribution)

Arrow � Uncertainty and the Welfare Economics of Medical Care 865

Cooper and

Aiken(supply of

physicians)

Cooper and

Aiken,

Hammer(medical

education)

866 Journal of Health Politics, Policy and Law

Silvers(capital

markets)

Cooper and

Aiken,

Hammer(licensing and

nonphysician

clinicians)

Arrow � Uncertainty and the Welfare Economics of Medical Care 867

Havighurst(anticompetitive

physician

conduct)

Kronick(charity)

Bazzoli(systems of

provider

compensation)

Casalino(financial

intermediaries)

868 Journal of Health Politics, Policy and Law

Arrow � Uncertainty and the Welfare Economics of Medical Care 869

Chernew(nonmarkets

as risks)

Glied(insurance)

870 Journal of Health Politics, Policy and Law

Silvers(capital

markets)

Arrow � Uncertainty and the Welfare Economics of Medical Care 871

Reinhardt(universal

coverage)

Bazzoli(controllable and

uncontrollable

forms of risk)

Millenson(physicians as

a check on

moral hazard)

872 Journal of Health Politics, Policy and Law

Bazzoli(provider

compensation)

Casalino(financial

intermediaries)

Chernew,

Gelijns et al.,

Glied(moral hazard,

insurance,

technology)

Arrow � Uncertainty and the Welfare Economics of Medical Care 873

Glied(insurance)

874 Journal of Health Politics, Policy and Law

Reinhardt(redistribution)

Reinhardt(universal

coverage)

Bazzoli(payment for

benefits)

Arrow � Uncertainty and the Welfare Economics of Medical Care 875

Hall,

Peterson(trust)

Haas-Wilson,

Robinson(information)

Needleman(nonprofits)

Bloche,

Millenson(physician

behavior)

Kronick(charity)

876 Journal of Health Politics, Policy and Law

Casalino(agency)

Peterson(sources of

political and

cultural

legitimacy)

Cooper and

Aiken,

Hammer(licensing

and entry

restrictions)

Arrow � Uncertainty and the Welfare Economics of Medical Care 877

Jacobson(self-regulation)

Haas-Wilson,

Robinson(information)

Bloche,

Chernew,

Glied,

Hammer(nonmarket

institutions)

878 Journal of Health Politics, Policy and Law

Arrow � Uncertainty and the Welfare Economics of Medical Care 879

880 Journal of Health Politics, Policy and Law

Arrow � Uncertainty and the Welfare Economics of Medical Care 881

882 Journal of Health Politics, Policy and Law

Arrow � Uncertainty and the Welfare Economics of Medical Care 883