Jelovac, Izabela; Bordoy, Catalina - In: International Journal of Health Care Finance and Economics 5 (2005) 1, pp. 5-21
In this paper we investigate the implications of permitting parallel imports of pharmaceuticals produced by a monopoly, from one country to another. We use a model where countries differ in the patients’ level of co-payment for buying pharmaceuticals, and patients differ in the utility...