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The Economics Of Healthcare Rationing, Michael D. Frakes, Matthew B. Frank, Kyle Rozema
The Economics Of Healthcare Rationing, Michael D. Frakes, Matthew B. Frank, Kyle Rozema
Faculty Scholarship
This article examines the economics of healthcare rationing. We begin with an overview of the various dimensions across which healthcare rationing operates, or at least has the potential to operate, in the first place. We then describe the types of economic analyses used in healthcare rationing decision-making, with particular reference to cost-benefit analysis and cost-effectiveness analysis. We also discuss healthcare rationing in practice, such as how economic analyses inform decisions regarding which services to cover, and conclude by discussing various practical and conceptual challenges that may arise with economic analyses and that span both economics and ethics.
Does Falling Smoking Lead To Rising Obesity?, Jonathan Gruber, Michael D. Frakes
Does Falling Smoking Lead To Rising Obesity?, Jonathan Gruber, Michael D. Frakes
Faculty Scholarship
The strong negative correlation over time between smoking rates and obesity have led some to suggest that reduced smoking is increasing weight gain in the U.S.. This conclusion is supported by the findings of Chou et al. (2004), who conclude that higher cigarette prices lead to increased body weight. We investigate this issue and find no evidence that reduced smoking leads to weight gain. Using the cigarette tax rather than the cigarette price and controlling for non-linear time effects, we find a negative effect of cigarette taxes on body weight, implying that reduced smoking leads to lower body weights. Yet …