Michael Grossman (Economist)

Michael Grossman is an influential American economist known for his work in health economics and public policy. He is best recognized for the Grossman model, which explores how individuals invest in their health, treating health as a form of human capital. His research addresses the relationship between health, economic factors, and behaviors, demonstrating how healthcare access and education affect overall health outcomes. Grossman's insights have significantly shaped policies related to healthcare and preventative measures, emphasizing the importance of individual choices and socioeconomic factors in determining health status.