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A most remarkable study, which ranks among the very most important and pioneering ones in health economics. -- Gary S. Becker A seminal work in health economics, which led to a major stream of literature dealing with the determinants of the health status of the population. -- Joseph Newhouse, Harvard University Grossman's The Demand for Health did for health economics what Gary Becker's Human Capital did for labor economics by describing the broad, integrative power of human capital theory. -- Robert Michael, University of Chicago The Demand for Health revolutionized economists' theorizing about health. -- Arleen A. Leibowitz, University of California, Los Angeles The Demand for Health quickly had a major impact on health economics and has continued to inspire streams of research ever since. -- Victor Fuchs, Stanford University A pathbreaking work on the demand for health, the production of health, and health capital. -- John Mullahy, University of Wisconsin An elegant study in the tradition of Becker, using micro-economic methods to explore an area of non firm capital formation, and then ingeniously exploiting survey data to test some interesting theoretical propositions. -- J. D. Pole * Journal of the Royal Statistical Society * A ground breaking work which has produced a model that is theoretically sound, intuitively appealing, and yields significantly testable implications. -- Ronald Anderson * The Journal of Economic Literature * Grossman's theoretical model, which is a major innovation, treats the demand for health (and the derived demand for medical care) as determined in the context of a life-cycle model of human capital investment. -- David Salkever * American Journal of Agricultural Economics *

A most remarkable study, which ranks among the very most important and pioneering ones in health economics. -- Gary S. Becker A seminal work in health economics, which led to a major stream of literature dealing with the determinants of the health status of the population. -- Joseph Newhouse, Harvard University Grossman's The Demand for Health did for health economics what Gary Becker's Human Capital did for labor economics by describing the broad, integrative power of human capital theory. -- Robert Michael, University of Chicago The Demand for Health revolutionized economists' theorizing about health. -- Arleen A. Leibowitz, University of California, Los Angeles The Demand for Health quickly had a major impact on health economics and has continued to inspire streams of research ever since. -- Victor Fuchs, Stanford University A pathbreaking work on the demand for health, the production of health, and health capital. -- John Mullahy, University of Wisconsin An elegant study in the tradition of Becker, using micro-economic methods to explore an area of non firm capital formation, and then ingeniously exploiting survey data to test some interesting theoretical propositions. -- J. D. Pole Journal of the Royal Statistical Society A ground breaking work which has produced a model that is theoretically sound, intuitively appealing, and yields significantly testable implications. -- Ronald Anderson The Journal of Economic Literature Grossman's theoretical model, which is a major innovation, treats the demand for health (and the derived demand for medical care) as determined in the context of a life-cycle model of human capital investment. -- David Salkever American Journal of Agricultural Economics

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Michael Grossman is Distinguished Professor of Economics at the City University of New York Graduate Center, Health Economics Program Director at the National Bureau of Economic Research, and Research Fellow at IZA. He is the inaugural recipient of the American Society of Health Economists' award for lifetime contributions to the field of health economics. He is also the author of Determinants of Health: An Economic Perspective (Columbia, 2017).

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