Moral Hazard in Health Insurance

Moral Hazard in Health Insurance

In this short and accessible book, Amy Finkelstein—winner of the 2012 John Bates Clark award—tackles the tricky question of moral hazard, which is the tendency to take risks when the cost will be borne by others. Kenneth J. Arrow’s seminal 1963 paper, “Uncertainty and the Welfare Economics of Medical Care”—included in the volume—was one of the first to explore the implication of moral hazard for healthcare, and in this book, Finkelstein examines this issue… (more)

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Book Details  


Publisher: Columbia University Press (December 02, 2014)

Collection: Kenneth J. Arrow Lecture Series

Parent ISBN: 9780231163804

Language: English


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