Showing 1 - 10 of 306
Policy makers use reference pricing to curb pharmaceutical expenditures by reducing coverage of expensive branded drugs …. In a theoretical analysis we show that the net effect of reference pricing is generally ambiguous when accounting for … entry by generic producers. Reference pricing shifts demand towards generics but also induces the branded producer to become …
Persistent link: https://www.econbiz.de/10013285854
competition environments affect product prices. Using big data, we find that price variations are caused mainly by differential … competitive environments. More specifically, we find that Brand Competition Within Stores exerts the largest downward pressure on … prices. A 10 percent increase in the number of brands reduces prices by about 10 percent. Product Competition Within Stores …
Persistent link: https://www.econbiz.de/10015065342
Persistent link: https://www.econbiz.de/10003379831
Our study puts special attention to the fact that R&D cooperations in the pharmaceutical industry are formed at different stages throughout the drug development process. We study if the timing to engage in R&D cooperations in the pharmaceutical industry has different impacts on the technology...
Persistent link: https://www.econbiz.de/10010229875
property rights) and country specific health care regulations (e.g., medicines pricing). This gives rise to parallel trade (PT …) that accounted for 5% of the market at the time of study and faced no generic competition. Our findings suggest that after …
Persistent link: https://www.econbiz.de/10010477153
result of an innovative process. We analyze physician prescription choices and the optimal pricing decision of an innovative …
Persistent link: https://www.econbiz.de/10011406575
pricing system was changed in 2011 in order to tie prices more to the benefits of the pharmaceuticals. A multiple linear … regression of 187 pharmaceuticals which were assessed from 2011 to 2017 suggests that, despite the change, the manufacturers …' launch strategy (freely chosen first year price) still has a major impact on pricing while the impact of the additional …
Persistent link: https://www.econbiz.de/10012119750
This paper models payment evasion as a source of profit by letting the firm choose the purchase price and the fine imposed on detected payment evaders. For a given price and fine, the consumers purchase, evade payment, or choose the outside option. We show that payment evasion leads to a form of...
Persistent link: https://www.econbiz.de/10010518819
promotions during the first two weeks of the lockdown, and the presence of local pricing retail chains (LP) competing with … uniform (national) pricing retail chains (UP). We decompose the price changes into the regular price, the frequency, and the …
Persistent link: https://www.econbiz.de/10012514277
For many years, Donald Shoup has been advocating cashing out free and underpriced curbside parking. How should this be implemented in practice, taking into account the stochasticity of curbside parking vacancies? Shoup has proposed setting neighborhood/period of the day-specific meter rates such...
Persistent link: https://www.econbiz.de/10010189827