| 1993 | K.Arrow/R.Scheffler | - Richard Hirth
- Nursing Home Quality: Roles of Information and Ownership
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| 1994 | Henry Aaron | - Phillip Cook and Michael Moore
- Drinking and Schooling
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| 1995 | Alan Monheit | - Jonathan Gruber
- The Incidence of Mandated Maternity Benefits
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| 1996 | Mark Pauly | - Martin Gaynor and Paul Gertler
- Moral Hazard and Risk Spreading in Partnerships
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| 1997 | Kenneth J. Arrow | - Daniel Kessler and Mark McClellan
- Do Doctors Practice Defensive Medicine?
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| 1998 | Richard J. Arnould | - Ching-To Albert Ma and Thomas G. McGuire
- Optimal Health Insurance and Provider Payment
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| 1999 | Roger Feldman | - Donna B. Gilleskie
- A Dynamic Stochastic Model of Medical Care Use and Work Absence
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| 2000 | T. Paul Schultz | - Will Dow, Tomas J. Philipson and Xavier Sala-i-Martin
- Longevity Complementarities Under Competing Risks
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| 2001 | William D. White | - David M. Cutler, Mark McClellan and Joseph P. Newhouse
- How Does Managed Care Do It?
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| 2002 | Joseph P. Newhouse | - Willard G. Manning and John Mullahy
- Estimating Log Models: To Transform or Not to Transform?
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| 2003
| Victor R. Fuchs | - Anne Case, Darren Lubotsky and Christina Paxson
- Economic Status and Health in Childhood: The Origins of the Gradient
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| 2004
| Michael Grossman | - Kenneth Chay and Michael Greenstone
- The Impact of Air Pollution on Infant Mortality: Evidence from Geographic Variation in Pollution Shocks Induced by a Recession
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