roughly doubled. The price response to generic entry of brand-name products has been a source of controversy. In this paper we … estimate models of price responses to generic entry in the market for brand-name and generic drugs. We study a sample of 32 … increase after entry and are accompanied by large price decreases in the price of generic drugs …

evenly spaced in equilibrium. The model generates a simple formula in which the markup of price over marginal cost depends on …

relationship between price declines and volume increases upon LOE holds among these drugs. First, we examine the extent to which … utilization subsequent to LOE. We observe substantial price erosion after generic entry; average monthly price declines appear to …

Medical provider price transparency is often touted as a way to lower health care spending. But the impact of price … transparency is theoretically ambiguous: it could lower health care spending via increased consumer price shopping or improved …, market concentration, frequency of service use, or frequency of website use. These results are consistent with price …

limitations, we are able to derive informative bounds on demand under counterfactual price changes. These bounds arise because … exogenous price change(s). These bounds facilitate robust policy prescriptions using rich, internal data sources similar to …

Generic pharmaceuticals provide low-cost access to treatment. Despite their chemical equivalence to branded products …

An upstream manufacturer can use minimum retail price maintenance (RPM) to exclude potential competitors. RPM lets the …