TAILIEUCHUNG - Price Discrimination in Medicine

The relationship between supply and demand for human bodily material is, moreover, a complex one. 'Demand' for material is inherently elastic: as scientific developments make more treatments possible, the demand for that treatment is likely to increase, and the development of alternatives may lead to more people overall being treated, rather than necessarily reducing demand. Wider public health factors in the population as a whole, such as high levels of obesity, diabetes, and alcohol consumption, play a key part in determining the demand for organs in particular, while the trend towards later motherhood increases the number of women who. | Price Discrimination in Medicine Author s Reuben A. Kessel Source Journal of Law and Economics Vol. 1 Oct. 1958 pp. 20-53 Published by The University of Chicago Press Stable URL http stable 724881 Accessed 14 08 2008 17 19 Your use of the JSTOR archive indicates your acceptance of JSTOR s Terms and Conditions of Use available at http page info about policies . JSTOR s Terms and Conditions of Use provides in part that unless you have obtained prior permission you may not download an entire issue of a journal or multiple copies of articles and you may use content in the JSTOR archive only for your personal non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at http action showPublisher publisherCode ucpress. Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit organization founded in 1995 to build trusted digital archives for scholarship. We work with the scholarly community to preserve their work and the materials they rely upon and to build a common research platform that promotes the discovery and use of these resources. For more information about JSTOR please contact support@. http PRICE DISCRIMINATION IN MEDICINE REUBEN A. KESSEL University of Chicago any disinguished economists have argued that the medical profession constitutes a monopoly and some have produced evidence of the size of the monopoly gains that accrue to the members of this Price discrimination by doctors . scaling fees to the income of patients has been explained as the behavior of a discriminating Indeed this has become the standard textbook example of discriminating However this explanation of price discrimination has been incomplete. Economists who have subscribed to this .

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