Practitioners of empirical health economics might be forgiven for paying little heed to the recent 50th anniversary of the publication of one of the most important papers in its methodological heritage: James Tobin's widely-cited 1958 Econometrica paper that developed what later became known as...

This paper presents and assesses analytical strategies that respect the bounded count structures of outcomes that are encountered often in health and other applications. The paper's main motivation is that the applied econometrics literature lacks a comprehensive discussion and critique of...