Daniel Philip Kessler

Professor of Political Economy

Professor of Law, School of Law

Professor of Health Research and Policy (by courtesy), School of Medicine

Senior Fellow, Hoover Institution

Phone: (650) 723-0596

Email: fkessler@gsb.stanford.edu

Academic Areas: Political Economy

Professor Kessler's research interests include empirical studies in antitrust law, law and economics, and the economics of health care. His recent work focuses on the consequences of hospital mergers and hospital ownership (nonprofit versus for-profit) for the cost and quality of medical care. His new book, Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System (with John Cogan and R. Glenn Hubbard), outlines how market-based health care reform in the U.S. can help fix our system's current problems. Currently, he is investigating how to use medical claims data to identify the types of health care providers that are likely to commit Medicare fraud and abuse.

Bio

Daniel Kessler is a professor at Stanford Graduate School of Business, a senior fellow at Stanford's Hoover Institution, a professor at Stanford Law School, and a Research Associate at the National Bureau of Economic Research. His research interests include empirical studies in antitrust law, law and economics, and the economics of health care.

He holds a PhD in economics from M.I.T. and a law degree from Stanford. He has won awards for his advising and research from Stanford, the National Institute of Health Care Management Foundation, and the International Health Economics Association. He has received grants from the National Institute of Health, the National Science Foundation, and the California Health Care Foundation. He has served as a consultant to corporations, foundations, and the governments of the United States and Canada. He has taught courses in health economics, public policy, and antitrust law at Stanford and the Wharton School at the University of Pennsylvania. He has published numerous papers in economics journals and law reviews. He has also written extensively on health care reform for the Wall Street Journal and Health Affairs.

His new book, Healthy, Wealthy, and Wise: Five Steps to a Better Health Care System (with John Cogan and R. Glenn Hubbard), outlines how market-based health care reform in the U.S. can help fix our system's current problems. Currently, he is investigating how to use medical claims data to identify the types of health care providers that are likely to commit Medicare fraud and abuse.

Academic Degrees

PhD, M.I.T., 1994; JD, Stanford Univ., 1993; AB, Harvard Univ., 1988.

Professional Experience

At Stanford since 1994. Professor of Economics, Law, and Policy; Senior Fellow, Hoover Institution; Professor of Law, School of Law.

Selected Publications

  • Institutional Causes of Delay in the Settlement of Legal Disputes: Journal of Law, Economics, and Organizations, 1996
  • Do Doctors Practice Defensive Medicine?: Quarterly Journal of Economics, 1996
  • Birth Order, Family Size, and Achievement: Journal of Labor Economics, 1991
  • Toward a Consistent Theory of the Welfare Analysis of Agreements: Stanford Law Review, forthcoming, 2007
  • Liability Reforms' Causes and Economic Impacts, Growth and Development: The Economics of 21st Century: Stanford Univ. Press, forthcoming, 2007
  • Fault, Settlement, and Negligence Law: RAND Journal of Economics, 1995
  • The Causes of Delay in the Settlement of Legal Disputes: Working Paper, John M. Olin Program in Law and Economics, Stanford Law School, 2007
  • The Role of Discretion in the Criminal Justice System: Journal of Law, Economics, and Organizations, forthcoming, 2007

Working Papers

  • A Tad of Profit-Making Can Benefit Social Goals, 2002
  • Is Medical Malpractice Reform Good Medicine? 1996
  • Hospital Competition Can Be Good for Your Health, 2000

Selected Cases

  • E44: Asian Neighborhood Design
  • E45: The Roberts Enterprise Development Fund: Implementing a Social Venture Capital Approach to Philanthropy
  • E45: The Roberts Enterprise Development Fund: Implementing a Social Venture Capital Approach to Philanthropy
  • E44: Asian Neighborhood Design
  • P20B: Echelon and the Home Automation Standard (B)
  • P72: Press Ganey and HCAHPS

Courses Taught

Centers/Programs

  • Center for Social Innovation
  • Health Care Management

Affiliations

  • Member: American Economic Assn., American Law and Economics Assn.

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