What's Your Life Worth?: Health Care Rationing-- who Lives? who Dies? who Decides?

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FT Prentice Hall, 2003 - Business & Economics - 191 pages
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Examines the issue of rationing including its concept, examples of rationing around the world and in the US, cost-effectiveness and cost-benefit research, quality and value of life issues, the Oregon Plan, and costs and "rational rationing." The book is devoid of high-level quantitative analysis or technical jargon; however, the economic analysis is well done and understandable for readers who want the economics expressed clearly. The author uses an impressive list of journal and other economic studies, which he explains. He also makes good use of the news and other print media to provide current applications.

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About the author (2003)

David Dranove is one of the world's most respectedhealth care economists. He is the Walter McNerneyDistinguished Professor of Health Industry Managementat Northwestern University's Kellogg Graduate School ofManagement, as well as Director of the Center for HealthIndustry Market Economics there.

His research and teaching focus on problems in industrialorganization and business strategy with an emphasison the health care industry. He has published over 70research papers, monographs, and book chapters on healtheconomics and pharmacoeconomics, and is co-author ofthe popular textbook The Economics of Strategy and the tradebooks How Hospitals Survived and The Economic Evolution ofAmerican Health Care: From Marcus Welby to Managed Care.

His many awards have included the Association ofUniversity Programs in Health Administration'sJohn D. Thompson Prize in Health Services Research andnumerous "research article of the year" prizes. ProfessorDranove holds a Ph.D. in Business Economics from Stanford University.

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