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Moral Hazard in Health Insurance - Finkelstein, Amy, and Arrow, Kenneth, and Gruber, Jonathan
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Moral hazard-the tendency to change behavior when the cost of that behavior will be borne by others-is a particularly tricky question when considering health care. Kenneth J. Arrow's seminal 1963 paper on this topic (included in this volume) was one of the first to explore the implication of moral hazard for health care, and Amy Finkelstein-recognized as one of the world's foremost experts on the topic-here examines this issue in the context of contemporary American health care policy. Drawing on research from both the ...

Moral Hazard in Health Insurance 2014, Columbia University Press, New York

ISBN-13: 9780231163804