Moral hazard in health insurance

Amy Finkelstein examines the implications of moral hazard for health care in the context of contemporary American health care policy. She presents compelling evidence that health insurance does indeed affect medical spending and encourages policy solutions that acknowledge and account for this.

Patient care under uncertainty

How cutting-edge economics can improve decision-making methods for doctorsAlthough uncertainty is a common element of patient care, it has largely been overlooked in research on evidence-based medicine. Patient Care under Uncertainty strives to correct this glaring omission. Applying the tools of...

The income revolution