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pareto

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Journal Article
Journal of Health Politics, Policy and Law (1 April 1997) 22 (2): 475–496.
Published: 01 April 1997
... economic theory which provide a set of sufficient (as distinct from necessary) con- ditions under which markets must be superior (in the sense of Pareto opti- mality described below) to any other institution for organizing economic affairs.2 What this means is that if the assumptions of the textbook com...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1997) 22 (2): 497–501.
Published: 01 April 1997
...—that is, challenging the Pareto principle, considering the implications of endogenous preferences, question- Journal of Health Politics, Policy and Law, Vol. 22, No. 2, April 1997. Copyright © 1997 by Duke University Press. 498 Journal of Health Politics, Policy and Law ing consumer...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 967–992.
Published: 01 October 2001
... Internet. Health Affairs 19 (6): 57 -71. Landsburg, S. E. 1995 . Price Theory and Applications. 3d ed. Minneapolis, MN: West. Pareto, V. 1897 . Cours d'economie politique . Lausanne, Switzerland: F. Rouge. Pauly, M. V. 1995 . Valuing Health Care in Money Terms. In Valuing Health Care...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1997) 22 (2): 383–426.
Published: 01 April 1997
... inputs of each type are purchased depends on how each affects output, as well as their prices. When both the consumption and production markets are in equilib- rium, and when some other conditions are met,6 the economy will be in a position called Pareto optimality (named after Italian economist...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 829–834.
Published: 01 October 2001
... medical services or medical insurance that cannot be handled efficiently in conventional markets. What Arrow was arguing for here is what might be called positive Pareto optimality: if markets fail to achieve the efficient outcomes (as economists define them), that...
Journal Article
Journal of Health Politics, Policy and Law (1 December 2013) 38 (6): 1071–1079.
Published: 01 December 2013
... criterion on all issues and across societies. Economist and philosopher Amartya Sen ( 1970 ) shows, for example, that if individuals have “nosey” preferences, liberalism is inconsistent with the Pareto principle. Sen claims that we should solve this so-called liberal paradox by placing greater weight on...
Journal Article
Journal of Health Politics, Policy and Law (1 August 1995) 20 (4): 1075–1078.
Published: 01 August 1995
... transactions resembling commercial contracting. Adversarial pro- ceedings gave way to open compromises among cooperative participants. Assaying the promise and performance of stakeholder negotiation in this context depends on one’s point of view. Conservatives touted its Pareto efficiency and bargaining...
Journal Article
Journal of Health Politics, Policy and Law (1 December 1998) 23 (6): 995–1003.
Published: 01 December 1998
... informed, angry consumers—in remaking our wildly inefficient, unresponsive health care system. It describes how new health-care-focused factories that follow Pareto’s Law—focusing on the 20 percent of events that cause 80 percent of medical costs, such as the handful of chronic diseases that account for...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 1045–1054.
Published: 01 October 2001
... are func- tional, and the health care sector is constrained Pareto-efficient. Methodology The heart of Arrow’s analysis, the methodological prolegomenon from which all substantive claims derive, is the juxtaposition of the conceptual...
Journal Article
Journal of Health Politics, Policy and Law (1 April 1997) 22 (2): 467–473.
Published: 01 April 1997
... between imperfect governments and imperfect markets. What about economists’ use of welfare economics, the Pareto princi- ple, and all that? I think that we use them not because we believe them to be perfect, but because we do not know of a better normative criterion. Despite Rice’s attack on the...
Journal Article
Journal of Health Politics, Policy and Law (1 June 2006) 31 (3): 417–421.
Published: 01 June 2006
... soothsayers, academic economists trained in the mystical arts of the differential equation and speaking the arcane liturgy of Pareto optimality who define the principles of the faith. And there is a bevy of clergy (e.g., instructors of introductory economics courses and judges deciding anti- trust...
Journal Article
Journal of Health Politics, Policy and Law (1 April 2008) 33 (2): 225–247.
Published: 01 April 2008
... societal preferences. The most general form of such a function may be written as: W = f(W1, W2, . . . , WI). According to the Pareto criterion, an increase in some Wi and decrease in no Wi is a sufficient condition for an increase in social welfare (Dolan 1998...
Journal Article
Journal of Health Politics, Policy and Law (1 June 1989) 14 (3): 601–620.
Published: 01 June 1989
... care towards lower, more Pareto-efficient levels. 604 Journal of Health Politics, Policy and Law In order to understand the theoretical basis of our argument, consider once again the model used by Feldman and Sloan. In this model, physicians are unable to induce demand for their services...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 1081–1098.
Published: 01 October 2001
... not only the efficiency attributes of competition, but also the result- ing equilibrum’s claim to uniqueness. As a result, policy makers will most likely face multiple sets of competing equilibria, none of which will be efficient in the strict Pareto sense. Market failures...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 1197–1204.
Published: 01 October 2001
... found also in the analysis of other professions, especially law (it is one aspect of the “critical legal studies” movement). The view that social norms arise to meet social needs (which an economist would interpret as meeting Pareto gaps) was a staple...
Journal Article
Journal of Health Politics, Policy and Law (1 December 2013) 38 (6): 1129–1148.
Published: 01 December 2013
... willingness to pay does not appropriately reflect these opportunity costs. It might be argued that ex post willingness to pay is relevant in order to identify a “hypothetical” Pareto improvement. The argument here is that the “winners” from including the treatment within the publicly funded health care...
Journal Article
Journal of Health Politics, Policy and Law (1 June 2006) 31 (3): 423–435.
Published: 01 June 2006
... likely undermine the social function (and social benefits) of the nonprofit form. Gaynor takes a broader perspective, arguing that efficiency is Pareto superior to the status quo, but the public will not appreciate that fact unless the antitrust agencies do their part to make the case. Tax...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 885–898.
Published: 01 October 2001
... meaning. Specifically, he adopts the eco- JHPPL 26.5 04 Chernew 10/29/01 4:20 PM Page 887 Chernew s Equilibrium and Marketability 887 nomic concept of Pareto optimality, which defines an optimal allocation of resources as one in which no one...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 1019–1030.
Published: 01 October 2001
... it explicitly as a critical element (Arrow 1963). The overall manner in which health care providers presented themselves to potential buyers was his concern in achieving a Pareto optimal distribution. This lack of explicit attention may reflect the...
Journal Article
Journal of Health Politics, Policy and Law (1 October 2001) 26 (5): 1031–1044.
Published: 01 October 2001
... physicians— would result in market failure, specifically “a failure to reach an optimal state in the sense of Pareto” (947). JHPPL 26.5 12 Haas-Wilson 10/29/01 4:32 PM Page 1034 1034 Journal of Health Politics, Policy and Law Economic Theory on...