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Handbook of Health Economics
1st Edition - December 5, 2011
Editors: Mark V. Pauly, Thomas G. McGuire, Pedro Pita Barros
Hardback ISBN:9780444535924
9 7 8 - 0 - 4 4 4 - 5 3 5 9 2 - 4
eBook ISBN:9780444535931
9 7 8 - 0 - 4 4 4 - 5 3 5 9 3 - 1
What new theories, evidence, and policies have shaped health economics in the 21st century? Editors Mark Pauly, Thomas McGuire, and Pedro Pita Barros assemble the expertise of… Read more
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What new theories, evidence, and policies have shaped health economics in the 21st century?
Editors Mark Pauly, Thomas McGuire, and Pedro Pita Barros assemble the expertise of leading authorities in this survey of substantive issues. In 16 chapters they cover recent developments in health economics, from medical spending growth to the demand for health care, the markets for pharmaceutical products, the medical workforce, and equity in health and health care. Its global perspective, including an emphasis on low and middle-income countries, will result in the same high citations that made Volume 1 (2000) a foundational text.
Presents coherent summaries of major subjects and methodologies, marking important advances and revisions
Serves as a frequently used non-journal reference
Introduces non-economists to the best research in health economics
Graduate students and professors worldwide working in all subdisciplines of economics and finance.
Preface
Introduction
What were we Looking for?
What's New?
Differences in Approaches
How to Use Volume 2
Acknowledgements
Chapter One: Health Care Spending Growth
1 Introduction
2 Spending Growth vs. Spending Level
3 Technology and Spending Growth
4 Models of Spending Growth
5 Empirical Evidence
6 Value of Spending Growth
7 Conclusion
References
Chapter Two: Causes and Consequences of Regional Variations in Health Care 1
1 Introduction
2 An Economic Model of Regional Variations in Health Care
3 Empirical Evidence on Geographic Variations in Expenditures and Utilization
4 Estimating the Consequences of Regional Variation: Geography As An Instrument
5 Inefficiency and the Policy Implications of Regional Variations
6 Regional Variations in Health Outcomes
7 Discussion and Conclusion
References
Chapter Three: The Economics of Risky Health Behaviors 1
1 Introduction
2 The Traditional Economic Approach to Studying Health Behaviors
3 Alternative Approaches to Studying Health Behaviors
4 Economic Consequences of Health Behaviors
5 Strategies for Modifying Health Behaviors
6 Future Directions
References
Chapter Four: Improving Health in Developing Countries
1 Introduction
2 Conceptual Framework for Household Decision Making
3 Externalities and Public Goods
4 The Impact of Price and Convenience on Prevention Behavior Against Infectious Disease
5 Incentives
6 Consumer Behavior, Acute Treatment, and Insurance
7 Liquidity Constraints and Consumer Behavior
8 Behavioral Models and Health
9 Information and Health Education
10 Social Influences on Health Behavior
11 Health Care Supply in the Developing World: Background
12 Health Care Delivery and System Reform
13 Interactions between Health and Broader Socio-Economic Variables
14 Conclusion
References
Chapter Five: Demand for Health Insurance 1
1 Introduction and Overview: Health Systems With Choice of Health Insurance
2 Optimal Demand-Side Cost Sharing
3 Supply-Side Policies and Demand-Side Coverage
4 Structuring Choice of Health Insurance
5 Final Comments
References
Chapter Six: Who Ordered That? The Economics of Treatment Choices in Medical Care
1 Introduction
2 Heterogeneity In Demand
3 Supply-Side Drivers of Clinical Decisions
4 Situational Factors
5 Conclusion
References
Chapter Seven: Theoretical Issues Relevant to the Economic Evaluation of Health Technologies 1
1 Introduction
2 Standard Approaches to Methodological Issues in Cost-effectiveness Analysis
3 Theoretical Foundations of CEA
4 Continuing Debates in CEA
5 Concluding Comments
References
Chapter Eight: Cost Effectiveness and Payment Policy
1 Introduction
2 Measuring the Value of Health Interventions and Health System Performance
3 Use of Cost-effectiveness Analysis for Decision Making
4 Application to Payment and Coverage Policy
References
Chapter Nine: Competition in Health Care Markets 1
1 Introduction
2 Entry, Exit, and Technology Investments by Providers
3 Hospital Market Structure, Competition, and Prices
4 Hospital Competition and Quality
5 Studies of Health Insurance Markets
6 Studies of Physician Services Markets
7 Vertical Restraints and Monopsony
8 Summary and Conclusions
References
Chapter Ten: Health Care Markets, Regulators, and Certifiers
1 Introduction
2 Health Care Market Failure
3 Market Structure and Provider Performance
4 Regulating Prices
5 Third Party Information Disclosure
6 Concluding Remarks
References
Chapter Eleven: Health Care Spending Risk, Health Insurance, and Payment to Health Plans
1 Variation in Health Care Spending Between Persons and Over Time
2 Insurance Market Equilibrium with Risk Variation and Rating Variation: Market Equilibrium Benchmarks
3 Group Insurance
4 Public Policy Toward Risk Variation
5 Empirical Evidence on Insurance Market Performance
6 Interactions Between Risk Variation and Other Topics in Health Economics
7 Conclusion
References
Chapter Twelve: Markets for Pharmaceutical Products 1
1 Introduction
2 Overview of Regulation
3 Basic Facts on Pharmaceutical Expenditures and Prices
4 Market Structure
5 Competition
6 Pricing and Marketing
7 Marketing of Pharmaceuticals in the United States
8 Conclusion
References
Chapter Thirteen: Intellectual Property, Information Technology, Biomedical Research, and Marketing of Patented Products
1 Introduction
2 Forms of Intellectual Property Protection
3 Market Exclusivity and the Incentives to Innovate
4 The Normative Theory of Market Exclusivity
5 The Role of IP in Solving Production Externalities
6 Alternative Approaches to Stimulating Discovery
References
Chapter Fourteen: Medical Workforce
1 Introduction
2 Perfectly Functioning Medical Labor Markets
3 Labor Supply Topics
4 Labor Demand Topics
5 Areas for Future Research
References
Chapter Fifteen: Public and Private Sector Interface
1 Introduction
2 Theory
3 Empirical Evidence
4 Conclusions
References
Chapter Sixteen: Equity in Health and Health Care 1
1 Introduction
2 An Example
3 Socioeconomic Inequity and Racial Disparities in Health and Health Care
4 A More General Approach? Equality of Opportunity in Health and Health Care
5 Why Care About Equity in Health? Health and Well-being
6 Conclusion
References
Index
No. of pages: 1152
Language: English
Published: December 5, 2011
Imprint: North Holland
Hardback ISBN: 9780444535924
eBook ISBN: 9780444535931
MP
Mark V. Pauly
Mark Pauly is Bendheim Professor, Professor of Health Care Management, Professor of Business and Public Policy, Professor of Insurance and Risk Management, and Professor of Economics at the Wharton School of Business, University of Pennsylvania.
TM
Thomas G. McGuire
Thomas McGuire is a Professor of Health Economics in the Department of Health Care Policy at Harvard Medical School and a Research Associate at the National Bureau of Economic Research. His research focuses on the design and impact of health care payment systems, the economics of health care disparities, and the economics of mental health policy and drug regulation and payment. McGuire has contributed to the theory of physician, hospital, and health plan payment. McGuire was a co-editor of the Handbook of Health Economics Volume 2 (2012) and recently completed ten years as an editor of the Journal of Health Economics.
Affiliations and expertise
Professor of Health Economics, Department of Health Care Policy, Harvard Medical School and Research Associate, National Bureau of Economic Research
PB
Pedro Pita Barros
Pedro Pita Barros is the 2005 winner of the "Grande-Oficial da Ordem do Infante D. Henrique," awarded by the President of Portugal. He is Editor-in-Chief of the journal "Economia da Saude - Conceitos e Comportamentos."