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UNCERTAINTY AND THE WELFARE ECONOMICS OF MEDICAL CARE

Elsevier eBooksPublished 1 January 1978Open access
Kenneth J. Arrow
Citations827
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Abstract

This paper is an exploratory and tentative study of the specific differentia of medical care as the object of normativeconomics. It is contended here, on the basis of comparison of obvious characteristics of the medical-care industry with the norms of welfare economics,

Keywords

Economics, Econometrics and Finance