Table of contents

1. Why health economics?

Part I: Demand for health and health care

2. Demand for health care

3. Demand for health: the Grossman mode

4. Socioeconomic disparities in health

Part II: Supply of health care

5. The labor market for physicians

6. The hospital industry

Part III: Information economics

7. Demand for insurance

8. Adverse selection: Akerlof’s market for lemons

9. Adverse selection: the Rothschild–Stiglitz model

10. Adverse selection in real markets

11. Moral hazard

12. Pharmaceuticals and the economics of innovation

13. Technology and the price of health care

14. Health technology assessment

Chapter V: Health policy

15. The health policy conundrum

16. The Beveridge model: nationalized health care

17. The Bismarck model: social health insurance

18. The American model

19. Population aging and the future of health policy

Part VI: Public health economics

20. The economics of health externalities

21. Economic epidemiology

22. Obesity

Part VII: Behavioral health economics

23. Prospect theory

24. Time inconsistency and health