Charles Phelps

Charles E. Phelps

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Charles E Phelps is a professor at the University of Rochester (UR), a nationally prominent health economist, author of the textbook Health Economics (fourth edition), fellow of the National Bureau of Economic Research, member of the Institute of Medicine of the National Academy of Sciences (both since 1991), and a member of the Working Group on Health Care Policy. Before his twenty-five years at the UR, he served for fourteen years as the senior staff economist at the RAND Corporation. His interests include health economics, the economics of nonprofit organizations, decision theory, and the economics of risk and uncertainty. He has recently testified before Congress on matters of intellectual property legal reform and consults in matters of health economics. Phelps has served on numerous governing boards in both for-profit and nonprofit settings and received a PhD in business economics from the University of Chicago in 1973.

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Recent Commentary

Charles Phelps

How does good technology go bad?

by Charles E. Phelpsvia Defining Ideas
Tuesday, July 13, 2010

Incentives and information for providers and consumers could bring some rationality to this process

Eight Questions You Should Ask about Our Health Care System (Even if the Answers Make You Sick), by Charles E. Phelps.

Eight Questions You Should Ask About Our Health Care System (Even if the Answers Make You Sick)

by Charles E. Phelpsvia Books by Hoover Fellows
Friday, June 18, 2010

In this book, Charles E. Phelps provides a comprehensive look at our health care system, including how the current system evolved, how the health care sector behaves, and a detailed analysis of "the good, the bad, and the ugly" parts of the system—from technological advances (the "good") to variations in treatment patterns (the "bad") to hidden costs and perverse incentives (the "ugly").