Honors, Grants, and Awards
Served as Member of the U.S. Presidential Health Policy Advisory Group and the President's Transition Team on Health Policy, 1980-1981.
Appointed and served as member of Hong Kong Government's Health Services Research Committee, by Mrs. Elizabeth Wong, Secretary for Health and Welfare of the HK Government, 1993-94.
Member of the Hong Kong Government's Health Services Research Committee's Expert Subcommittee on Grant Applications and Awards, 1993-94
Research Award, Chair in Health Economics, Institut D'Etudes Economie Politiques, Paris, France, 1997-98 for a study on life protection and the value of life saving.
1. Published Books
National Health Policy: What Role for Government (editor), Proceedings of the Conference on National Health Policy held at Stanford Univ. in March of 1980, Stanford: Hoover Institution Press, 1982.
2. Published Articles
*Note: many of these papers are freely downloadable from the following websites:
Market Insurance, Self-Insurance and Self-Protection, with Gary S. Becker, Journal of Political Economy, Vol. 80 (4), July/August, 1972, pp. 623-648.
-- Reprinted in: Foundations of Insurance Economics, Readings in Economics and Finance, G. Dionne and S.E. Harrington, eds., Kluwer Academic Publishers, Boston,1992.
Welfare Analysis of Changes in Health Coinsurance Rates -- A Comment, on the article by Kenneth J. Arrow in The Role of Health Insurance in the Health Services Sector, edited by Richard N. Rosett, Neale Watson: New York, 1976.
On The Rationale for National Health Insurance: Where did the Private Market Fail?, article in National Health Policy: What Role for Government, Isaac Ehrlich, ed., Stanford: Hoover Institution Press, Stanford University, 1982.
Insurance, Protection from Risk, and Risk Bearing, with Yang-Ming Chang, Canadian Journal of Economics, Vol. 18 (3), August 1985, pp. 579-86.
The Demand for Life: Theory and Application, in Economic Imperialism: The Economic Approach Applied Outside the Field of Economics, Peter Bernholz and Gerald Radnitzky, editors, New York: Paragon House Publishers, 1987, pp. 243-267.
The Demand for Longevity and the Value of Life Extension, with Hiroyuki Chuma, Journal of Political Economy Vol. 98 (4), August 1990, pp.761-82.
Intergenerational Trade, Longevity, and Economic Growth, with F. T. Lui, Journal of Political Economy, Vol. 99 (5), October 1991, pp. 1029-1059.
Uncertain Lifetime, Life Protection, and the Value of Life Saving, Journal of Health Economics, Vol. 19 (3), May 2000, pp341-367.
Note: a number of small typos in the published JHE version have been corrected in the included version of this paper Here
Or view corrections on the published JHE paper-- Errata (Correction)
"Explaining Diversities in Age-Specific Life Expectancies and Values of Life Savings: A Numerical Analysis", with Yong Yin, Journal of Risk and Uncertainty, Springer, vol. 31(2) 2005, 129-162.
“Endogenous Fertility, Longevity, and Economic Dynamics: Using a Malthusian Framework to Account for the Historical Evidence on Population and Economic Growth”, with Jinyoung Kim, Journal of Asian Economics, issue 15 (6) 2005, 789-806.
"Rationalizing Diversities in Age-Specific Life Expetencies and PrivateValues of Life Saving: A Calibrated Numerical Analysis", with Yong Yin, published as NBER Wroking Paper #W10759, September 2004, National Bureau of Economic Research Download Paper
Endogenous Fertility, Mortality and Economic Growth: Can a Malthusian Framework Account for the Conflicting Historical trends in Population?, with Jinyoung Kim, published as NBER Working Paper #11590, September 2005.