Patricia M. Danzon
Patricia Danzon is the Celia Moh Professor at The Wharton School, where she is a Professor of Health Care Systems, and Insurance and Risk Management. Professor Danzon is also Chair of the Health Care Systems Department.
Professor Danzon received a B.A. First Class, in Politics, Philosophy and Economics, from Oxford University, England. She received a M.A. and a Ph.D. in Economics from the University of Chicago.
Prior to joining The Wharton School at the University of Pennsylvania in 1985, Dr. Danzon has worked as an Associate Professor at Duke University; a Senior Research Fellow at the Hoover Institution at Stanford; and a Research Economist at The Rand Corporation. She has also been a Visiting Professor of Business Economics at the University of Chicago and a Visiting Associate Professor at the University of California, San Diego.
Her major research interests involve the application of economics to understand the workings of private market and social policy for health care, insurance, and legal and regulatory systems.
Professor Danzon is an internationally recognized expert in the fields of health care, pharmaceuticals, insurance, and liability systems. She was recently elected to the Institute of Medicine of the National Academy of Sciences. She has served as a consultant on international health care issues to the World Bank, the New Zealand Treasury and Credit Suisse-First Boston in New Zealand, the Asian Development Bank, and U.S. Agency for International Development. In the U.S. her consulting experience includes work for the American Medical Association, the American Hospital Association, the Insurance Services Office, the Institute for Civil Justice, the Alliance of American Insurers and the Pharmaceutical Manufacturers’ Association.
Professor Danzon is an Associate Editor of the Journal of Health Economics, the Journal of Risk and Insurance and Research in Law and Economics. She has published widely in scholarly journals on a broad range of subjects related to medical care, pharmaceuticals, insurance, and the economics of law. Selected publications include Medical Malpractice: Theory, Evidence and Public Policy, published by Harvard University Press, 1985; “A Plan for Responsible National Health Insurance,” (with Pauly, Hoff and Feldstein), in Health Affairs, 1991; “The Effects of Malpractice Litigation of Physicians’ Fees and Incomes,” in American Economic Review, 1990; “The Political Economy of Workers’ Compensation: Lessons for Product Liability,” American Economic Review (1988); “Hospital Profits: The Effects of Reimbursement Policies,” Journal of Health Economics (1983); “Solvency Regulation in the Property/Casualty Insurance Industry: Empirical Evidence,” Bell Journal of Economics (1980).
- Ph.D., University of Chicago, Economics, 1973
- MA, University of Chicago, Economics, 1969
- BA, University of Oxford, England, Politics, Philosophy and Economics, 1968.
Celia Moh Professor, Professor of Health Care Management
Health Care Management
Patricia M. Danzon (2014). Pricing and Reimbursement of Biopharmaceuticals and Medical Devices in the USA, Encyclopedia of Health Economics, 3. 127-135. San Diego: Elsevier.
Patricia M. Danzon (2014). Economics of Biopharmaceutical and Medical Equipment Industries, Encyclopedia of Health Economics, 1, 77-85. San Diego: Elsevier.
Danzon, P., Towse, A., and Mestre-Ferrandiz, J. “Value-based differential pricing: Efficient prices for drugs in a global context”, Health Economics (United Kingdom), 2013.
Patricia M. Danzon, Adrian Towse, Andrew Mulcahy (2011). “Setting Cost-Effectiveness Thresholds As A Means To Achieve Appropriate Drug Prices In Rich And Poor Countries“, Health Affairs, 30(8): 1529-38.
Patricia M. Danzon, Nuno Sousa Pereira (2011). “Vaccine Supply: Effects of Regulation and Competition“, NBER Working Paper Series.
Patricia M. Danzon, Scott Johnson, Genia Long, Michael F. Furukawa (2011). “Commercial Importation of Prescription Drugs in the US: Short-run Implications“, Journal of Health Politics, Policy and Law, 36.2: 295 – 316.
Scott E. Harrington, Patricia M. Danzon, Andrew J. Epstein (2008). “‘‘Crises’’ in medical malpractice insurance: Evidence of excessive price-cutting in the preceding soft market“, Journal of Banking & Finance, 32: 157–169.