Re: Reducing Risk

[Jim Devine <jdevine@xxxxxxxxxxxxxxx>]

Martin wrote:
> When I go to a meeting like the International Health Economics
> Association, it is only among the U.S. contigent ..., who feel it
> necessary that social criteria for making health resources allocation
> decisions must flow directly from "neoclassical foundations of welfare
> economics."  There are lots of other creative, and empirically based
> approaches being advances that try to combine some meaningful mix of
> objective individual well-being, equity under fixed budget constraints and
> some measure of social preference that would emerge under a democratic
> process.  No one claims to have the final answer and there is a lot of
> controversy and debate but the point is; no one except the U.S. NC find
> any reason that all discussion of social allocation must be bound to the
> NC paradigm ...

could you please give an example of a proposal that involves a "meaningful
mix of objective individual well-being, equity under fixed budget
constraints and some measure of social preference that would emerge under a
democratic process"?

Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine