title: 'A Theory of the Allocation of Time' Turns Fifty: Its Impact on the Field of Health Economics.
abstract: The year 2015 is the 50th anniversary of the publication of 'A Theory of the Allocation of Time,' by Gary S. Becker in the 1965 volume of The Economic Journal. To mark that occasion, this editorial focuses on the importance of that paper in the history and evolution of the field of health economics.
authors.affiliation: City University of New York Graduate Center, National Bureau of Economic Research, and IZA, National Bureau of Economic Research, 5 Hanover Square, 16th Floor, Suite 1602, New York, NY, 10004-2630, USA.
authors.forename: Michael
authors.initials: M
authors.lastname: Grossman
mesh_terms: D000846:Anniversaries and Special Events; D003258:Consumer Behavior / Q000191:economics; D004470:Economics, Medical; D006301:Health Services Needs and Demand / Q000266:history*; D049673:History, 20th Century; D049674:History, 21st Century; D006801:Humans
keywords: health economics; time allocation theory