Posted on February 8th, 2010 by Insurance Product Reviews
Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care
This volume revisits the Nobel Prize-winning economist Kenneth Arrow’s classic 1963 essay “Uncertainty and the Welfare Economics of Medical Care” in light of the many changes in American health care since its publication. Arrow’s groundbreaking piece, reprinted in full here, argued that while medicine was subject to the same models of competition and profit maximization as other industries, concepts of trust and morals also played key roles in understanding medicine as an economic institution and in balancing the asymmetrical relationship between medical providers and their patients. His conclusions about the medical profession’s failures to “insure against uncertainties” helped initiate the reevaluation of insurance as a public and private good.
Coming from diverse backgrounds—economics, law, journalism, political science, and the health care industry itself—the contributors use Arrow’s article to address a range of present-day health-policy questions. They examine everything from health insurance and technological innovation to the roles of charity, nonprofit institutions, and self-regulation in addressing medical needs. The collection concludes with a new essay by Arrow, in which he reflects on the health care markets of the new millennium. At a time when medical costs continue to rise, the ranks of the uninsured grow, and uncertainty reigns even among those with health insurance, this volume looks back at a seminal work of scholarship to provide critical guidance for the years ahead.
Contributors
Linda H. Aiken
Kenneth J. Arrow
Gloria J. Bazzoli
M. Gregg Bloche
Lawrence Casalino
Michael Chernew
Richard A. Cooper
Victor R. Fuchs
Annetine C. Gelijns
Sherry A. Glied
Deborah Haas-Wilson
Mark A. Hall
Peter J. Hammer
Clark C. Havighurst
Peter D. Jacobson
Richard Kronick
Michael L. Millenson
Jack Needleman
Richard R. Nelson
Mark V. Pauly
Mark A. Peterson
Uwe E. Reinhardt
James C. Robinson
William M. Sage
J. B. Silvers
Frank A. Sloan
Joshua Graff Zivin
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Posted on February 7th, 2010 by Insurance Product Reviews
International Business: Challenges in a Changing World
This fresh new text introduces IB from a truly global perspective. Packed with up-to-date case studies covering MNEs and SMEs from a variety of countries (South Korea, South Africa, Slovakia, Sweden…), it encourages students to think critically and emphasizes the role of contemporary issues such as CSR, ethics, governance and global warming.
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Posted on February 7th, 2010 by Insurance Product Reviews
International Financial Markets: Prices and Policies
The purpose of this text is to analyze the key financial markets and instruments that facilitate trade and investment activity on a global scale. It spans two key areas: First-the economic determinants of prices, price changes and price relationships in the major financial markets; Second-the policy issues that result from private enterprises and public policymakers.
User Ratings and Reviews
2 Stars Technically Boring!!!
Combined with small print and very technical terms (without good definitions)made this book very boring and made for a hard read. I used this book in an international finance class and was only able to read a couple of pages. The book uses terms without giving proper definitions or proper explanations. There are a lot better books out there on this topic.
3 Stars Not as good as other books on global investing
Too technical. Gets trapped into unecessary details. Sometimes theoretical, sometimes practical, but the mix makes it hard to read.
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Posted on February 6th, 2010 by Insurance Product Reviews
Choosing Safety: A Guide to Using Probabilistic Risk Assessment and Decision Analysis in Complex, High Consequence Systems (Rff Press)
The technological age has seen catastrophic and preventable failures from buildings and bridges to space and launch vehicles, from chemical factories to nuclear power plants, from ships to airplanes, and from trains to automobiles. Often the root cause can be traced to decisions that did not appropriately consider safety as a factor in design and engineering.
Choosing Safety is the first book to bring together probabilistic risk assessment and decision analysis using real case studies. The book combines these two technologies into a method of building safety into a system or product from the very beginning of its development. By virtue of more than a dozen practical examples from the author s experience in nuclear power, aerospace, and other potentially hazardous facilities, the book focuses on processes for making logical decisions about complex engineered systems and products in which safety is a key factor in design and where failure can cause great harm, injury, or death.
Choosing Safety is for managers, project leaders, engineers, and scientists who create, design, develop, operate or maintain high consequence, complex systems and products. The book is also for students and anyone else interested in a broad perspective about the union of decision analysis and probabilistic risk assessment.
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Posted on February 5th, 2010 by Insurance Product Reviews
