Michael Grossman

Michael Grossman is an American economist known for his work in the fields of health economics and the economics of education. He is particularly recognized for developing the Grossman Model, which analyzes how individuals make decisions regarding their health and healthcare investments, viewing health as a form of "capital." His research has helped illuminate how education, income, and personal choices impact health outcomes. Grossman has also contributed to understanding how public policies can influence healthcare access and quality, thereby shaping overall public health in society. His work is influential in both economic theory and health policy discussions.