Kenneth Joseph Arrow: 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.

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


		Name: Kenneth Joseph Arrow Type: Economist Nationality: American Birth: August 23, 1921

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