Crisis Standards of Care: Summary of a Workshop Series

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Language: English

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Yet, smoking, drug use and overeating are voluntary choices. “Not all (risk-takers) are ignorant about the relevant statistics of their risk of injury. ... The major is also ideal for students intending to seek advanced degrees in health administration, health economics, medical sociology, or public health. Copyright © 2011 Society for Vascular Surgery. Join us for a panel followed by small group break-out sessions. A seminal 1963 article by Kenneth Arrow, often credited with giving rise to health economics as a discipline, drew conceptual distinctions between health and other goods. [1] Factors that distinguish health economics from other areas include extensive government intervention, intractable uncertainty in several dimensions, asymmetric information, barriers to entry, externalities and the presence of a third-party agent. [2] In healthcare, the third-party agent is the physician, who makes purchasing decisions (e.g., whether to order a lab test, prescribe a medication, perform a surgery, etc.) while being insulated from the price of the product or service.

Pages: 174

Publisher: National Academies Press; 1 edition (January 22, 2010)


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