Applied economics.

Format:

Book

Author/Creator:

Arrow, Kenneth J. (Kenneth Joseph), 1921-2017.

Contributor:

Alumni and Friends Memorial Book Fund.

Series:

Arrow, Kenneth J. (Kenneth Joseph), 1921-2017. Essays ; v. 6.

Collected papers of Kenneth J. Arrow ; v. 6

Language:

English

Subjects (All):

Economics.

Physical Description:

vi, 270 pages ; 25 cm.

Place of Publication:

Cambridge, Mass. : Belknap Press, 1985.

Summary:

Although economic theory has been Kenneth Arrow's comparative advantage as well as his special interest, from time to time he has turned his attention to applied problems, often with unexpected results. A request from the Ford Foundation to write a survey of health economics led to his famous paper, "Uncertainty and the Welfare Economics of Medical Care," which raised for the first time many issues in the economics of information, particularly what are now called incentive compatibility issues. Other fruitful papers included in this volume deal with racial discrimination, the cost of oil imports, health insurance, environmental resources, and urban economics. Arrow's main interest in studying these disparate problems has been their potential source for new theory as well as their policy applications.

Notes:

Includes bibliographies and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Alumni and Friends Memorial Book Fund.

ISBN:

0674137787

OCLC:

11783465