Description
Book SynopsisA request from the Ford Foundation for a survey of health economics led to Arrow's famous paper, Uncertainty and the Welfare Economics of Medical Care. Other papers included here deal with racial discrimination, the cost of oil imports, health insurance, environmental resources, and urban economics.
Table of Contents1. The Economic Cost to Western Europe of Restricted Availability of Oil Imports: A Linear Programming Computation 2. Comment on Duesenberry's "Portfolio Approach to the Demand for Money and Other Assets" 3. Uncertainty and the Welfare Economics of Medical Care 4. The Implications of Transaction Costs and Adjustment Lags in Health Insurance 5. The Effects of the Price System and Market on Urban Economic Development 6. Criteria, Institutions, and Function in Urban Development Decisions 7. Problems of Resource Allocation in United States Medical Care 8. Models of Job Discrimination 9. Some Mathematical Models of Race Discrimination in the Labor Market 10. Social Responsibility and Economic Efficiency 11. The Theory of Discrimination 12. Environmental Preservation, Uncertainty, and Irreversibility 13. The Combination of Time-Series and Cross-Section Data in Interindustry Flow Analysis 14. Economic Development: The Present State of the Art 15. Theoretical Issues in Health Insurance 16. Welfare Analysis of Changes in Health Coinsurance Rates 17. Optimal Pricing, Use, and Exploration of Uncertain Natural Resource Stocks Index
