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‘A Theory of the Allocation of Time’ Turns Fifty: Its Impact on the Field of Health Economics
Authors:Michael Grossman
Affiliation:City University of New York Graduate Center, National Bureau of Economic Research, and IZA, National Bureau of Economic Research, New York, NY, USA
Abstract:The year 2015 is the 50th anniversary of the publication of ‘A Theory of the Allocation of Time,’ by Gary S. Becker in the 1965 volume of The Economic Journal. To mark that occasion, this editorial focuses on the importance of that paper in the history and evolution of the field of health economics. Copyright © 2015 John Wiley & Sons, Ltd.
Keywords:time allocation theory  health economics
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