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 - 22nd March
Births
- 1934 - Orrin Hatch
- 1946 - Rudy Rucker
- 1908 - Louis L'Amour
- 1957 - Stephanie Mills
- 1920 - Martin Rosenblatt
Deaths
- 1820 - Stephen Decatur
- 1999 - David Strickland
- 1896 - Thomas Hughes
- 1991 - Paul Engle
- 1958 - Mike Todd
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