Showing 1 - 10 of 650
Do intellectual property (IP) rights on existing technologies hinder subsequent innovation? Using newly-collected data on the sequencing of the human genome by the public Human Genome Project and the private firm Celera, this paper estimates the impact of Celera's gene-level IP on subsequent...
Persistent link: https://www.econbiz.de/10013069502
Pharmacogenomics, or the application of genetic testing to guide drug selection and/or dosing, is often cited as integral to the vision of how precision medicine can be integrated into routine clinical practice. Yet despite a growing base of scientific discovery on genetic variation that...
Persistent link: https://www.econbiz.de/10012941158
This paper models how the evolving field of pharmacogenomics (PG), which is the science of using genomic markers to predict drug response, may impact drug development times, attrition rates, costs, and the future returns to research and development (R&D). While there still remains an abundance...
Persistent link: https://www.econbiz.de/10013311658
Both under- and over-treatment of communicable diseases are public bads. But efforts to decrease one run the risk of increasing the other. Using rich experimental data on household treatment-seeking behavior in Kenya, we study the implications of this tradeoff for subsidizing life-saving...
Persistent link: https://www.econbiz.de/10013108271
We study the Medicare Part D prescription drug insurance program as a bellwether for designs of private, non …-mandatory health insurance markets that control adverse selection and assure adequate access and coverage. We model Part D enrollment …
Persistent link: https://www.econbiz.de/10013150739
Medicare enrollees with private Rx insurance is about 9% lower than the mean age of drugs used by Medicare enrollees without … either private or public Rx insurance …
Persistent link: https://www.econbiz.de/10013249231
Many researchers in both economics departments and business schools recently have become interested in examining how much of an effect human resource decisions and policies have on firm performance. This paper surveys the literature on unionism and productivity and discusses its implications for...
Persistent link: https://www.econbiz.de/10014039024
Increased global demand for biofuels is placing increased pressure on agricultural systems at a time when traditional sources of yield improvements have been mostly exhausted, generating concerns about the future of food prices. This paper estimates the impact of global adoption of genetically...
Persistent link: https://www.econbiz.de/10013038332
selection over time, particularly in individual-payer insurance markets; this selection could impact the viability of these … effects on morbidity, to estimate adverse selection in long-term care insurance. We find strong evidence of adverse selection … insurance. We use these estimates to make predictions about the future of this market as genetic information increases. We argue …
Persistent link: https://www.econbiz.de/10013156533
Profit on proprietary research tools is determined partly by the remedies for infringement, such as damages and injunctions. We investigate how damages under a liability rule and the opportunity for injunctions under a property rule can affect the incentives to develop research tools. We show...
Persistent link: https://www.econbiz.de/10013228234