Arrow (1963)-Uncertainty and the Welfare Economics of Medical Care.pdf

Arrow (1963)-Uncertainty and the Welfare Economics of Medical Care.pdf

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1、AmericanEconomicAssociationUncertaintyandtheWelfareEconomicsofMedicalCareAuthor(s):KennethJ.ArrowSource:TheAmericanEconomicReview,Vol.53,No.5(Dec.,1963),pp.941-973Publishedby:AmericanEconomicAssociationStableURL:http://www.jstor.org/stable/1812044Accessed:20/09/2010

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6、ew.http://www.jstor.orgTH1EAMERICANECONOMICREVIEWVOLUMELIIIDECEMBER1963NUMBER5UNCERTAINTYANDTHEWELFAREECONOMICSOFMEDICALCAREByKENNETHJ.ARROW*I.Introduction:ScopeandMethodThispaperisanexploratoryandtentativestudyofthespecificdifferentiaofmedicalcareastheobjectofnorma

7、tiveeconomics.Itiscontendedhere,onthebasisofcomparisonofobviouscharacteris-ticsofthemedical-careindustrywiththenormsofwelfareeconomics,thatthespecialeconomicproblemsofmedicalcarecanbeexplainedasadaptationstotheexistenceofuncertaintyintheincidenceofdis-easeandintheef

8、ficacyoftreatment.Itshouldbenotedthatthesubjectisthemedical-careindustry,nothealth.Thecausalfactorsinhealtharemany,andtheprovisionofmedica

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