Print Page | Contact Us | Report Abuse | Sign In | Join
Arrow Award

iHEA’s Kenneth J. Arrow Award was created to recognize excellence in the field of health economics with the Award presented to the author(s) of the paper judged to be the best paper published in health economics in English in the award year. The Award was set up in honor of Kenneth Arrow and in recognition of the influence of his seminal paper from 1963 “Uncertainty and the welfare economics of medical care”. Professor Arrow was involved in the creation of the Award and he presented the inaugural prize in 1993.

The Award is made every year. Each year the Award committee consider a short-list of up to ten papers, with each paper evaluated by all of the committee members in terms of importance and originality of contribution, appropriateness and innovation in methodology and clarity of presentation.

The winner is presented with a plaque at the iHEA congress when held in the same year as the award, or at a special reception at the AEA conference in years when there is no iHEA congress.

The deadline for 2018 submissions has now passed.

Most recent Award Winner


The 25th Arrow Award for the best paper in health economics is awarded to Martin Gaynor, Carol Propper, and Stephan Seiler for their paper “Free to choose? Reform, choice and consideration sets in the English National Health Service” American Economic Review 106(11): 3521-3557, 2016.

The Arrow Award Committee is proud to acknowledge the authors of this innovative and policy-relevant paper which uses a reform in the English National Health Service (NHS) to assess how removing constraints on patient choice affects the quality of health care received, as well as patient welfare. As a result of the policy change, which took place in 2006, the English government mandated that NHS patients be offered a choice of five hospitals when referred by physicians to a hospital for treatment. The authors use this reform to estimate a structural model of demand both pre-reform, when choice is assumed to be constrained, and post-reform where choices are assumed to be unconstrained. They examine the case of coronary artery bypass graft (CABG) surgeries, where the key quality measures are post-surgery mortality rates. Following the reforms, quality of care and patient welfare increased, with the largest improvement for severely ill and low-income patients. As a result of greater patient choice, low quality hospitals lost and high quality hospitals gained market share. Hospitals responded by improving the quality of care, with particularly large quality gains for those hospitals facing high demand elasticities. This research suggests that reforms that enhance choice have the potential to raise health care quality and patient welfare


Committee Membership 2018

Membership of the Arrow Award Committee is refreshed each year and members can serve for up to two three-year terms.

Chair: Christopher Ruhm, University of Virginia, USA

Co-Chair: Luigi Siciliani, University of York, UK


Term Expires at the end of 2018:

Jeffrey Clemens, University of California San Diego, USA

*Sherry Glied, Columbia University, USA

Joshua Gottlieb, University of British Columbia, Canada

*Petter Lundborg, Lund University, Sweden

*Tony Scott, University of Melbourne, Australia


Term Expires at the end of 2019:

Joan Costa-i-Font, London School of Economics, UK

* Brigitte Dormont, Université Paris Dauphine, France

* Kate Ho, Columbia University, USA

* Jui-fen Rachel Lu, Chang Gung University, Taiwan

Rodrigo R. Soares, Columbia University, USA


Term Expires at the end of 2020:

* Jonathan Kolstad, University of California, Berkeley, USA

Manoj Mohanan, Duke University, USA

Heidi Williams, Massachusetts Institute of Technology, USA

* Joachim Winter,  Ludwig-Maximilians-Universität München, Germany

* Winnie Yip, Harvard University, USA

(* = 2nd and final term)




Winning Paper





Martin Gaynor, Carol Propper, and Stephan Seiler. 2016. Free to choose? Reform, choice and consideration sets in the English National Health Service. American Economic Review 106(11): 3521-3557.



Eric Budish, Benjamin N. Roin and Heidi Williams. 2015. Do firms underinvest in long-term research? Evidence from cancer clinical trials.American Economic Review105(7): 2044-2085.



Jeffrey Clemens and Joshua D. Gottlieb. 2014. Do Physicians' Financial Incentives Affect Treatment Patterns and Patient Health? American Economic Review104(4): 1320-49.



Jonathan T. Kolstad. 2013. Information and quality when motivation is intrinsic: evidence from surgeon report cards. American Economic Review,103(7):2875-2910.



Amy Finkelstein, Sarah Taubman, Bill Wright, Mira Bernstein, Jonathan Gruber, Joseph P. Newhouse, Heidi Allen, Katherine Baicker, and the Oregon Health Study Group. 2012. The Oregon Health Insurance Experiment: Evidence from the First Year. Quarterly Journal of Economics, 127(3):1057-1106



Randall D. Cebul, James B. Rebitzer, Lowell J. Taylor, Mark E. Votruba. 2011. Unhealthy Insurance Markets: Search Frictions and the Cost and Quality of Health Insurance. American Economic Review,101(5):1842-71



Carol Propper and John Van Reenen. 2010. Can pay regulation kill? Panel Data Evidence on the Effect of Labor Markets on Hospital Performance. Journal of Political Economy, 118(2): 222-273



Kate Ho. 2009. Insurer-Provider Networks in the Medical Care Market. American Economic Review,99(1):393-430



Hanming Fang, Michael P. Keane, and Dan Silverman. 2008. Sources of Advantageous Selection: Evidence from the Medigap Insurance Market. Journal of Political Economy, 116(2): 303-350.



Amitabh Chandra and Doug Staiger. 2007. Productivity Spillovers in Health Care: Evidence from the Treatment of Heart Attacks. Journal of Political Economy, 115: 103-140.



Kevin M. Murphy and Robert H. Topel. 2006. The Value of Health and Longevity. Journal of Political Economy, 114(5): 871-904.



Gary S. Becker, Tomas J. Philipson, and Rodrigo R. Soares. 2005. The Quantity and Quality of Life and the Evolution of World Inequality. American Economic Review, 95(1):277-291



Edward Miguel and Michael Kremer. 2004. Worms: Identifying impacts on education and health in the presence of treatment externalities. Econometrica, 72(1); 159-217.



Kenneth Chay and Michael Greenstone. 2003. The Impact of Air Pollution on Infant Mortality: Evidence from Geographic Variation in Pollution Shocks Induced by a Recession. Quarterly Journal of Economics, 118(3):1121-1167.



Anne Case, Darren Lubotsky and Christina Paxson. 2002. Economic Status and Health in Childhood: The Origins of the Gradient. American Economic Review; 92(5): 1308-1334.



Willard G. Manning and John Mullahy. 2001. Estimating Log Models: To Transform or Not to Transform? Journal of Health Economics, 20(4): 461–494



David M. Cutler, Mark McClellan and Joseph P. Newhouse. 2000. How Does Managed Care Do It? Rand Journal of Economics, 31(3): 526–548



Will Dow, Tomas J. Philipson and Xavier Sala-i-Martin. 1999. Longevity Complementarities Under Competing Risks. American Economic Review,89(5):1358-1371.



Donna B. Gilleskie. 1998. A Dynamic Stochastic Model of Medical Care Use and Work Absence. Econometrica, 66(1): 1-45.



Ching-To Albert Ma and Thomas G. McGuire. 1997. Optimal Health Insurance and Provider Payment. American Economic Review,87(4): 685-704.



Daniel Kessler and Mark McClellan. 1996. Do Doctors Practice Defensive Medicine? Quarterly Journal of Economics, 111(2): 353-390.



Martin Gaynor and Paul Gertler. 1995. Moral Hazard and Risk Spreading in Partnerships. RAND Journal of Economics, 26(4): 591-613.



Jonathan Gruber. 1994. The Incidence of Mandated Maternity Benefits. American Economic Review, 84(3): 622-641



Phillip Cook and Michael Moore. 1993. Drinking and schooling. Journal of Health Economics, 12(4): 411-429.



Richard Hirth. 1992. Nursing Home Quality: Roles of Information and Ownership (Unpublished paper)


Contact Us

411 Richmond Street East, Suite 200
Toronto, ON M5A 3S5




The International Health Economics Association was formed to increase communication among health economists, foster a higher standard of debate in the application of economics to health and health care systems, and assist young researchers at the start of their careers.

Read More About Us