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Reference pricing with endogenous generic entry.

Brekke, Kurt R.; Canta, Chiara; Straume, Odd Rune - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2015

price cap regulation, we show that the negative effect on generic entry can be reversed, and that reference pricing is more …

Persistent link: https://www.econbiz.de/10011261212

Price Regulation and Parallel Imports of Pharmaceuticals.

Brekke, Kurt R.; Holmås, Tor Helge; Straume, Odd Rune - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2014

This paper studies the effects of price regulation and parallel imports in the on-patent pharmaceutical market. First … prices. We show that the effects of price regulation crucially depend on whether the producer faces competition from parallel … imports. While parallel imports improve the bargaining position of the pharmacy, price regulation counteracts this effect and …

Persistent link: https://www.econbiz.de/10010818874

Licensing and Innovation with Imperfect Contract Enforcement.

Gilbert, Richard; Kristiansen, Eirik Gaard - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2015

Licensing promotes technology transfer and innovation, but enforcement of licensing contracts is often imperfect. We explore the implications of weak enforcement of contractual commitments on the licensing conduct of firms and market performance. An upstream firm develops a technology that it...

Persistent link: https://www.econbiz.de/10011262894

Price patterns resulting from different producer behavior in spatial equilibrium.

Mathiesen, Lars - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2012

We are concerned with economic analyses of markets from the perspective of supporting a decision maker selling in the market. The competitive pressure and the price formation are central issues. The goal of this paper is to highlight the remarkably different price patterns obtained from...

Persistent link: https://www.econbiz.de/10010539865

Can competition reduce quality?

Brekke, Kurt R.; Siciliani, Luigi; Straume, Odd Rune - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2012

We study the e¤ect of competition on quality in markets such as health care, long-term care and education, when providers choose both prices and quality in a setting of spatial competition. We o¤er a novel mechanism whereby competition leads to lower quality. This mechanism relies on two key...

Persistent link: https://www.econbiz.de/10010539869

Hospital competition with soft budgets.

Brekke, Kurt R.; Siciliani, Luigi; Straume, Odd Rune - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2012

We study the incentives for hospitals to provide quality and expend cost-reducing effort when their budgets are soft, i.e., the payer may cover deficits or confiscate surpluses. The basic set up is a Hotelling model with two hospitals that differ in location and face demand uncertainty, where...

Persistent link: https://www.econbiz.de/10010539870

Newspaper Differentiation and Investments in Journalism: The Role of Tax Policy.

Kind, Hans Jarle; Schjelderup, Guttorm; Stähler, Frank - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2011

Many countries levy reduced-rate indirect taxes on newspapers, with proclaimed policy goals of stimulating investment in journalism and ensuring low newspaper prices. However, by taking into account the fact that the media industry operates in two-sided markets, we find the paradoxical result...

Persistent link: https://www.econbiz.de/10009320391

Media market concentration, advertising levels, and ad prices.

Anderson, Simon P.; Foros, Øystein; Kind, Hans Jarle; … - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2011

Standard media economics models imply that increased platform competition decreases ad levels and that mergers reduce per-viewer ad prices. The empirical evidence, however, is mixed. We attribute the theoretical predictions to the combined assumptions that there is no advertising congestion and...

Persistent link: https://www.econbiz.de/10009386423

Horizontal Mergers and Product Quality-

Brekke, Kurt R.; Siciliani, Luigi; Straume, Odd Rune - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2014

Using a spatial competition framework with three ex ante identical firms, we study the effects of a horizontal merger on quality, price and welfare. The merging firms always reduce quality. They also increase prices if demand responsiveness to quality is sufficiently low. The non-merging firm,...

Persistent link: https://www.econbiz.de/10010750275

Diffusion of Pharmaceuticals: Cross-Country Evidence of Anti-TNF drugs

Brekke, Kurt R.; Dalen, Dag Morten; Holmås, Tor Helge - Institutt for samfunnsøkonomi, Norges Handelshøyskole … - 2013

This paper studies the diffusion of biopharmaceuticals across European countries, focusing on anti-TNF drugs, which are used to treat autoimmune diseases (e.g., rheumatism, psoriasis). We use detailed sales information on the three brands Remicade, Enbrel and Humira for nine European countries...

Persistent link: https://www.econbiz.de/10010638913