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Health Economics presents a systematic treatment of the economics of health behavior and health care delivery. Appropriate both for advanced undergraduate and graduate students of economics, this text provides the background required to understand current research,
presenting theoretical models as well as empirical evidence and summarizing key results. Without neglecting ethical concerns, modern microeconomic theory is applied to
formulate theoretical implications and predictions. Issues discussed include the economic valuation of life and health, moral hazard in health care utilization, supplier-induced demand, the search for remuneration systems with favorable incentives, risk selection in health insurance markets, and technological change in medicine.
List of contents
Economic Valuation of Life and Health.- Individuals as Producers of Their Health.- Empirical Studies of the Production of Health.- Health Goods, Market Failure and Justice.- Optimal Health Insurance Contracts.- Risk Selection in Health Insurance Markets.- Physicians as Suppliers of Medical Services.- Hospital Services and Efficiency.- Paying Providers.- Forms of Delivery of Medical Care.- The Market for Pharmaceuticals.- The Political Economy of Health Care.- Future Challenges to Health Care Systems.
About the author
Friedrich Breyer, geboren 1950, Dr. rer. pol. 1978, Habilitation 1983 in Heidelberg, 1986-92 Professor FernUni Hagen, seit 1992 Ordinarius für Volkswirtschaftslehre an der Universität Konstanz, Forschungsprofessor am DIW Berlin, Mitglied des Wissenschaftlichen Beirats beim Bundesministerium für Wirtschaft und Technologie.
Summary
Health Economics presents a systematic treatment of the economics of health behavior and health care delivery. Appropriate both for advanced undergraduate and graduate students of economics, this text provides the background required to understand current research,
presenting theoretical models as well as empirical evidence and summarizing key results. Without neglecting ethical concerns, modern microeconomic theory is applied to
formulate theoretical implications and predictions. Issues discussed include the economic valuation of life and health, moral hazard in health care utilization, supplier-induced demand, the search for remuneration systems with favorable incentives, risk selection in health insurance markets, and technological change in medicine.
Additional text
From the reviews of the second edition:
“The second edition of Health Economics is based on the German version of 1992. It contains all important facts on the specific characteristics of health products and global health markets at an advanced economic level. … The detailed mathematical formulas and derivation of theories are helpful for a better understanding of methodology … . Each chapter concludes with a summary and exercise questions which turn it into a valuable workbook. … a valuable work of reference for experts as well.” (Simone Torka, Journal of Public Health, Vol. 18, May, 2010)
Report
From the reviews of the second edition:
"The second edition of Health Economics is based on the German version of 1992. It contains all important facts on the specific characteristics of health products and global health markets at an advanced economic level. ... The detailed mathematical formulas and derivation of theories are helpful for a better understanding of methodology ... . Each chapter concludes with a summary and exercise questions which turn it into a valuable workbook. ... a valuable work of reference for experts as well." (Simone Torka, Journal of Public Health, Vol. 18, May, 2010)
