Grossman model of health demand

The Grossman model of health demand is a model for studying the demand for health and medical care outlined by Michael Grossman in a monograph in 1972 entitled: The demand for health: A theoretical and empirical investigation. The model based demand for medical care on the interaction between a demand function for health and a production function for health. Andrew Jones, Nigel Rice, and Paul Contoyannis call the model the "founding father of demand for health models".[1]

  1. ^ Jones, Andrew M. Rice, Nigel, and Contoyannis, Paul. The Dynamics of Health in Jones, Andrew M., ed. The Elgar companion to health economics. Edward Elgar Publishing, 2012. p15