NBER profile: Mark V. Pauly.

Mark V. Pauly is a Research Associate in the NBER's Program on Health Care and the Bendheim Professor in the Department of Health Care Systems at the Wharton School of the University of Pennsylvania.. Also at the Wharton School, Pauly is a Professor of Health Care Systems, Insurance and Risk Management, and Business and Public Policy; he is a Professor of Economics in the School of Arts and Sciences at the University of Pennsylvania as well. Pauly holds a Ph.D. in economics from the University of Virginia.

A former member of the Physician Payment Review Commission and an active member of the Institute of Medicine, Pauly's work on the economics of moral hazard was the first to point out how health insurance coverage may affect patients' use of medical services. His subsequent work has explored the impact of conventional insurance coverage on preventive care, on outpatient care, and on prescription drug use in managed care. He is currently studying the effect of poor health on worker productivity. In addition, he has explored the influences that determine whether insurance coverage is available and, through several cost...