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Comprehensive in coverage this textbook, written by academics from leading institutions, discusses current developments and debates in modern health economics from an international perspective. Economic models are presented in detail, complemented by real-life explanations and analysis, and discussions of the influence of such theories on policymaking. Offering sound pedagogy and economic rigor, Health Economics focuses on building intuition alongside appropriate mathematical formality, translating technical language into accessible economic narrative. Rather than shying away from intellectual building blocks, students are introduced to technical and theoretical foundations and encouraged to apply these to inform empirical studies and wider policymaking.

Language: English
ISBN-10: 113702996X
ISBN-13: 978-1137029966
ISBN-13: 9781137029966

Author: Jay Bhattacharya, Timothy Hyde, Peter Tu

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Table of Content:

1. Why Health Economics?.
PART I: DEMAND FOR HEALTH AND HEALTH CARE.
2. Demand for Health Care
3. Demand for Health: The Grossman Model.
4. Socioeconomic Disparities in Health.
PART II: SUPPLY OF HEALTH CARE.
5. The Labor Market for Physicians.
6. Hospitals.
PART III: INFORMATION ECONOMICS.
7. Demand for Insurance.
8. Adverse Selection: Akerlof’s Market for Lemons.
9. Adverse Selection: The Rothschild-Stiglitz Model.
10. Adverse Selection in Real Markets.
11. Moral Hazard.
PART IV: ECONOMICS OF HEALTH INNOVATION.
12. Pharmaceuticals and the Economics of Innovation.
13. Technology and The Price of Health Care.
14. Health Technology Assessment.
PART V: HEALTH POLICY.
15. The Health Policy Conundrum.
16. The Beveridge Model: Nationalized Health Care.
17. The Bismarck Model: Social Health Insurance.
18. The American Model.
19. Population Aging and the Future of Health Policy.
PART VI: PUBLIC HEALTH ECONOMICS.
20. The Economics of Health Externalities.
21. Economic Epidemiology.
22. Obesity.
PART VII: BEHAVIORAL HEALTH ECONOMICS.
23. Prospect Theory.
24 Time Inconsistency and Health.

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