Measuring the Gains from Medical Research

Kevin M. Murphy is the George J. Stigler Professor of Economics in the Graduate School of Business and the Department of Economics at the University of Chicago. He is coauthor of Social Economics: Market Behavior in a Social Environment.

Robert H. Topel is the Isidore Brown and Gladys J. Brown Professor in Urban and Labor Economics in the Graduate School of Business at the University of Chicago. He is coeditor of The Welfare State in Transition and Labor Market Data and Measurement, both published by the University of Chicago Press.