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Offers sound pedagogy, economic rigor and policy-theory integration. It focuses on building intuition alongside appropriate mathematical formality, translating mathematical language into accessible economic narrative. It includes material on socioeconomic disparities in health, the obesity epidemic, and behavioral health economics.

Intro -- Brief Contents -- Detailed Contents -- Preface -- Acknowledgments -- Chapter 1 Thinking Like A Health Economist -- Chapter 2 The Relationship Between Health And Wealth -- Chapter 3 The Production of Health -- Chapter 4 The Production of Health-Related Goods And Services -- Chapter 5 The Demand For Healthcare -- Chapter 6 Perfect Competition And Other Market Structures -- Chapter 7 Physician Behavior -- Chapter 8 The Insurance Market -- Chapter 9 Cost-Effectiveness Analysis -- Glossary -- Index -- About the Author.

This Element examines economic perspectives on improving quality and safety in healthcare. Though competition is generally recognised by economists as an important driver of improvement, it may not work so straightforwardly in healthcare - in part because some services are provided by very few organisations, but also because people are not always easily able to judge healthcare quality and rarely have to pay the full price for services. Different approaches for stimulating improvement are therefore needed, and the authors look at examples from the care home, primary care, and hospital sectors. They emphasise the need for economic evaluation of improvement efforts, based on the principle that improvement activities should only be undertaken if the benefits are worth at least the costs of implementing and running them. Using examples, they explain the economic approach to evaluating how benefits and costs of improvement efforts can be compared by applying cost-effectiveness analysis. This title is also available as Open Access on Cambridge Core.

Recommended readings (Machine generated): 1. Richard Auster, Irving Leveson and Deborah Sarachek (1969), 'The Production of Health, an Exploratory Study', Journal of Human Resources, 4 (4), Autumn, 411-36 -- 2. Mark R. Rosenzweig and T. Paul Schultz (1983), 'Estimating a Household Production Function: Heterogenity, the Demand for Health Inputs, and Their Effects on Birth Weight', Journal of Political Economy, 91 (5), October, 723-46 -- 3. Gary S. Becker, Michael Grossman and Kevin M. Murphy (1994), 'An Empirical Analysis of Cigarette Addiction', American Economic Review, 84 (3), June, 396-418 -- 4. Donna B. Gilleskie (1998), 'A Dynamic Stochastic Model of Medical Care Use and Work Absence', Econometrica, 66 (1), January, 1-45 -- 5. Marcos Vera-Hernández (2003),'Structural Estimation of a Principal Agent Model: Moral Hazard in Medical Insurance', RAND Journal of Economics, 34 (4), Winter, 670-93 -- 6. Peter Arcidiacono, Holger Sieg and Frank Sloan (2007), 'Living Rationally Under the Volcano? An Empirical Analysis of Heavy Drinking and Smoking', International Economic Review, 48 (1), February, 37-65 -- 7. Naihua N. Duan, Willard G. Manning, Jr., Carl N. Morris and Joseph P. Newhouse (1983), 'A Comparison of Alternative Models for the Demand for Medical Care', Journal of Business and Economic Statistics, 1 (2), April, 115-26 -- 8. Williard G. Manning (1998),'The Logged Dependent Variable, Heteroscedasticity, and the Retransformation Problem', Journal of Health Economics, 17 (3), June, 283-95 -- 9. David K. Blough, Carolyn W. Madden, and Mark C. Hornbrook (1999), 'Modeling Risk Using Generalized Linear Models', Journal of Health Economics, 18 (2), April, 153-71 -- 10. Donna B. Gilleskie and Thomas A. Mroz (2004), 'A Flexible Approach for Estimating the Effects of Covariates on Health Expenditures', Journal of Health Economics, 23 (3), March, 391-418 -- 11. Anirban Basu and Paul J. Rathouz (2005),'Estimating Marginal and Incremental Effects on Health Outcomes Using Flexible Link and Variance Function Models', Biostatistics, 6 (1), January, 93-109 -- 12. Willard G. Manning, Anirban Basu and John Mullahy (2005), 'Generalized Modelling Approaches to Risk Adjustment of Skewed Outcomes Data' Journal of Health Economics, 24 (3), May, 465-88 -- 13. Andrew M. Jones, James Lomas and Nigel Rice (2015),' Healthcare Cost Regressions: Going Beyond the Mean to Estimate the Full Distribution', Health Economics, 24 (9), April, 1192-212 -- 14. John Mullahy (1986),'Specification and Testing of Some Modified Count Data Models', Journal of Econometrics, 33 (3), December, 341-65 -- 15. Bryan Dowd, Roger Feldman, Steven Cassou and Michael Finch (1991), 'Health Plan Choice and the Utilization of Health Care Services', Review of Economics and Statistics, 73 (1), February, 85-93 -- 16. Marcel Kerkhofs and Maarten Lindeboom (1995), 'Subjective Health Measures and State Dependent Reporting Errors', Health Economics, 4 (3), May-June, 221-35 -- 17. Winfried Pohlmeier and Volker Ulrich (1995), 'An Econometric Model of the Two-Part Decisonmaking Process in the Demand for Health Care', Journal of Human Resources, 30 (2), Spring, 339-61 -- 18. Partha Deb and Pravin K. Trivedi (1997),'Demand for Medical Care by the Elderly: A Finite Mixture Approach', Journal of Applied Econometrics, 12 (3), May/ June, 313-36 -- 19. David M. Zimmer and Pravin K. Trivedi (2006), 'Using Trivariate Copulas to Model Sample Selection and Treatment Effects: Application to Family Health Care Demand', Journal of Business and Economics Statistics, 24 (1), January, 63-76

This text mounts a critique of health economics, arguing it has been too dominated by the economics of health care and has largely ignored the impact of poverty, inequality, and lack of education on health. The author proposes a form of collective decision making through communitarianism as a basis for a new paradigm.

As the American healthcare system changes, policy makers and healthcare providers are in need of more data and improved analytical strategies. Researchers are taking advantage of changes to the healthcare system and new data to evaluate and understand policy changes and healthcare effectiveness. The healthcare system will be expected to do more with less and governments will be required to better organize and regulate healthcare markets to address public health concerns and fiscal necessity. As a result of these changes and policy concerns, economists are studying the healthcare system with newfound interest and newly generated questions. The following dissertation adds to the economic study of health care. Chapter 1 examines the relationship between specific variations of joint and several liability tort reform and the growth rate of medical expenditures. Chapter 2 discusses the relationship between emergency department outcomes for trauma patients and the patient's insurance. Lastly, chapter 3 investigates whether a patient's insurance has an impact of patient outcomes and treatment patterns. Chapter 3 also evaluates the effect of the Great Recession on the relationship between insurance status and treatment patterns.