Pittsburgh has more MRI Machines than Canada
There is an interesting article at Forbes describing that the housing boom is not the only bubble that may need to burst. Scans per thousand insured people went from 85 to 234 in the U.S. between 1999...
View ArticleMoney Driven Medicine: A Review
I recently watched the movie Money Driven Medicine. The movie documents many of the current ills of the American healthcare system. The movie’s focus details how financial incentives drive both the...
View ArticleMedical Conservatism and End-of-life Decisions
The New York Times Magazine discusses two pressing issues: 1) what type of treatment to the elderly really wish to receive at the end of their life and 2) how does economic incentives affect how...
View ArticleCan financial incentives increase the effectiveness of weight loss programs?
As an economist, I would say “of course”! Increasing the price (the reward for weight loss) generally leads to an increase in supply (of efforts to lose weight). However, there is evidence that in...
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