In 1963 and later papers, I pointed out that the special market characteristics of medical care and medical insurance could be explained by reference to differences in information among the parties involved.
Kenneth Joseph Arrow Quotes
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Today's Anniversary - 29th May
Births
- 1959 - Rupert Everett
- 1880 - Oswald Spengler
- 1951 - Peter Chernin
- 1926 - Abdoulaye Wade
- 1978 - Adam Rickitt
Deaths
- 2004 - Sam Dash
- 2004 - Samuel Dash
- 1911 - William Gilbert
- 1979 - Mary Pickford
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