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Professor Gaynor Receives the 2017 Kenneth J. Arrow Award

By Michael Cunningham

International Health Economics Association honors Heinz College professor for his collaborative research on competition in the health care industry.

BOSTON—Martin Gaynor, the E.J. Barone University Professor of Economics and Public Policy at Carnegie Mellon University’s Heinz College of Information Systems and Public Policy, is a 2017 recipient of the International Health Economics Association’s (iHEA) Kenneth J. Arrow Award, which recognizes excellence in the field of health economics.

Each year, iHEA presents the Arrow Award, named after Economics Nobel Laureate Kenneth J. Arrow, to authors of the paper judged to be the year’s best published piece on the subject of health economics. The 25th Arrow Award is awarded to Gaynor and his co-authors, Carol Propper and Stephan Seiler, for their paper “Free to choose? Reform, choice and consideration sets in the English National Health Service,” which was published in one of the leading journals in economics, the American Economic Review.

The iHEA Arrow Award Committee honored Gaynor with a plaque in recognition of the award during the 2017 IHEA Congress in Boston.

“Marty is one of the world’s foremost experts on the economics of health care,” said Ramayya Krishnan, Dean of Heinz College. “His work influences the decisions of scholars and policymakers alike, and I am happy to congratulate him, along with Professors Propper and Seiler, on this well-deserved honor.”

Gaynor’s research focuses on competition, antitrust policy, and health care markets. He has served as the Director of the Bureau of Economics at the Federal Trade Commission, testified before Congress, worked with the Commonwealth of Pennsylvania on its health innovation initiative, and advised the governments of the Netherlands, the United Kingdom, and South Africa on competition issues in health care.

“This is a great honor. There are many excellent scientific papers in health economics, so the competition is very tough, and to be recognized in this way is very meaningful,” said Gaynor.

He has won a number of awards for his research, including the American Economic Journal: Economic Policy Best Paper Award; the Victor R. Fuchs Research Award; the National Institute for Health Care Management Foundation Health Care Research Award; the Jerry S. Cohen Award for Antitrust Scholarship (finalist); and a Robert Wood Johnson Foundation Investigator Award in Health Policy Research.

In October, Gaynor became the fifth Carnegie Mellon University faculty member to be elected to the National Academy of Medicine.

About Heinz College: The Heinz College of Information Systems and Public Policy is home to two internationally recognized graduate-level institutions at Carnegie Mellon University: the School of Information Systems and Management and the School of Public Policy and Management. This unique colocation combined with its expertise in analytics set Heinz College apart in the areas of cybersecurity, health care, the future of work, smart cities, and arts & entertainment. In 2016, INFORMS named Heinz College the #1 academic program for Analytics Education. For more information, please visit

About Carnegie Mellon University: Carnegie Mellon is a private, internationally ranked research university with programs in areas ranging from science, technology and business, to public policy, the humanities and the arts. More than 13,000 students in the university’s seven schools and colleges benefit from a small student-to-faculty ratio and an education characterized by its focus on creating and implementing solutions for real problems, interdisciplinary collaboration and innovation.