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Physicians may learn about prescription drug effectiveness directly from the firm via detailing or from patient … policy makers. First, we find that the optimal sampling level for a drug category is a nonmonotonic function of patient … payment ability and the price of the drug. Second, an increase in the cost of samples can lead to an increase in sampling and …
Persistent link: https://www.econbiz.de/10014153536
. Empirical evidence for a survey of US physicians suggests that survey supply even for this wealthy group is affected by the …
Persistent link: https://www.econbiz.de/10013249584
. Empirical evidence for a survey of US physicians suggests that survey supply even for this wealthy group is affected by the …
Persistent link: https://www.econbiz.de/10012472913
pharmaceuticals. I examine micro-panel data from Japan, where physicians can legally make profits by prescribing and dispensing drugs …. The results indicate that physicians often fail to internalize patient costs, explaining why cheaper generics are …
Persistent link: https://www.econbiz.de/10014180534
approval. By contrast, patent prolongation does not affect physicians' prescription decisions and increases the likelihood of …
Persistent link: https://www.econbiz.de/10014202524
This paper studies the consequences of physician authority on pharmaceutical prescribing. Physicians engage in a costly … underlying level of physician skill or knowledge cannot be observed, differences among physicians in terms of these attributes … concentrated (i.e., some physicians prescribe a more diverse portfolio of drugs than others). Second, this concentration is …
Persistent link: https://www.econbiz.de/10013238703
Background: General Practitioners have limited means to compete. As quality is hard to observe by patients, GPs have incentives to signal quality by using instruments patients perceive as quality. Objectives: We investigate whether GPs exhibit different prescribing behavior (volume and value of...
Persistent link: https://www.econbiz.de/10013055773
Persistent link: https://www.econbiz.de/10010395529
approval. By contrast, patent prolongation does not affect physicians' prescription decisions and increases the likelihood of …
Persistent link: https://www.econbiz.de/10003847110
We analyze the medical decision-making process, first from the perspective of a patient and then from the perspective of a health care provider. Using a decision-tree, we describe the different actions a mother can take to treat her daughter, who she suspects has otitis media — an ear...
Persistent link: https://www.econbiz.de/10012915112