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Theoretical health economics

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Theoretical health economics

World ScientificTheoretical Health Economics “mTheoretical Health EconomicsHans KeidingUniversity of Copenhagen. DenmarkVpWorld ScientificNEW JERSEY •

Theoretical health economics• LONDON • SINGAPORE • BEIJING • SHANGHA • HONGKONG • TAIPEI • CHENNAI - TOKYOPublished byWorld Scientific Publislũng Co. Pte. Ltd.5 Toh Tuck Link. Si

ngapore 596224USA office: 27 Warren Sheet. Suite 401-402. Hackensack NJ 07601UK office: 57 Shelton Street, Covent Garden. London WC2H 9HEBritish Libra Theoretical health economics

ry Cataluguing-ln-Publication DataA catalogue record for tins book IS available front the British Library.THEORETICAL HEALTH ECONOMICSCopyright © 2018

Theoretical health economics

by World Scientific Publislnng Co Pte. LtdAU rights reserved This book, or ports thereof, may not be reproduced in any form or by any means, electron

World ScientificTheoretical Health Economics “mTheoretical Health EconomicsHans KeidingUniversity of Copenhagen. DenmarkVpWorld ScientificNEW JERSEY •

Theoretical health economicsssion from the publisher.For pltotocopynig of material DI this volume, please pay a copying fee though the Copyright Clearance Center. Inc . 222 Rosew

ood Drive. Danvers. NLẤ 01923. USA. In this case permission to photocopy is not requned from the publisher.ISBN 978-981-3227-81-1Desk Editor: PhiBy Lu Theoretical health economics

nTypeset by Stallion PiessEmail enquuies^sralliojijxess comPrinted in SingaporePrefaceHealth economics has had a relatively short. but very successful

Theoretical health economics

history as a university discipline. From rather humble beginnings in the 1970s and 1980s it lias steadily gained importance, and nowadays most univer

World ScientificTheoretical Health Economics “mTheoretical Health EconomicsHans KeidingUniversity of Copenhagen. DenmarkVpWorld ScientificNEW JERSEY •

Theoretical health economicsic impact of healthcare in society, and the cost of healthcare to society, lias been steadily increasing over the several decades, and by now it simpl

y cannot be ignored when studying the economics of a modern society.As a relatively young discipline, health economics as it appears today contains ma Theoretical health economics

ny particular features which can be traced back to its beginnings. Since it arose in the interface between the medical sciences and economics, the way

Theoretical health economics

of dealing with problems were often influenced by traditions which were well-established in the medical profession while the classical way of thinkin

World ScientificTheoretical Health Economics “mTheoretical Health EconomicsHans KeidingUniversity of Copenhagen. DenmarkVpWorld ScientificNEW JERSEY •

Theoretical health economicson collecting and analyzing data on health and healthcare as well as on public and private outlays on healthcare. This is definitely an extreme useful

and worthwhile activity, and much new and valuable information is produced in this way, but occasionally there is a need for in-depth understanding o Theoretical health economics

f what is going on, rather than an estimated equation which comes from nowhere. This is where economic theory can offer some support.The present book

Theoretical health economics

is an introduction to health economics where the emphasis is on theory, with the aim of providing explanation of phenomena as far as possible given th

World ScientificTheoretical Health Economics “mTheoretical Health EconomicsHans KeidingUniversity of Copenhagen. DenmarkVpWorld ScientificNEW JERSEY •

Theoretical health economicse background in economics, and in other cases with students at a more advanced level. This is reflected in the way in which the topics are treated, st

arting from an intuitive reasoning and then proceeding to a treatment of the same topic using more advanced economic theory. Users may then skip eithe Theoretical health economics

r the first or the second part according to their tastes. It lias the consequence that some sections tend to use more formal reasoning than others, si

Theoretical health economics

nce the overall intention lias been to keep the exposition self-contained, and with few exceptions all that is needed is some acquaintance with standa

World ScientificTheoretical Health Economics “mTheoretical Health EconomicsHans KeidingUniversity of Copenhagen. DenmarkVpWorld ScientificNEW JERSEY •

Theoretical health economicsons as possible.The text has benefited greatly from the suggestions of many generations of students. In its final version, valuable assistance and adv

ice was provided by Bodil o. Hansen, for which I am very grateful.Hans KeidingContentsPreface1Health and healthcare: What is it? Theoretical health economics

World ScientificTheoretical Health Economics “mTheoretical Health EconomicsHans KeidingUniversity of Copenhagen. DenmarkVpWorld ScientificNEW JERSEY •

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