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pharmaceutical pricing. The 2018 OECD report Pharmaceutical Innovation and Access to Medicines suggested that increased price … policy debate, the OECD undertook an exploration of the potential consequences of greater price transparency on market …
Persistent link: https://www.econbiz.de/10013457969
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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 …
Persistent link: https://www.econbiz.de/10012473564
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 …
Persistent link: https://www.econbiz.de/10014158702
utility of consumers. Agents interact in a three-stage game: 1. A policymaker chooses a reference price to maximize consumer … find that in equilibrium the market price and the optimal reference price chosen by the policymaker always coincide. In …
Persistent link: https://www.econbiz.de/10013175014
seeks to enter some or all of the markets. While price discrimination has usually been thought of as a barrier to entry, in … our model it is not and, on the contrary, we find that charging a uniform price across the markets actually discourages … entry. Partial entry occurs when the two firms' products are highly substitutable. In this case, a ban on price …
Persistent link: https://www.econbiz.de/10012943530
Price delegation is a widely observed business practice. In a market where firms compete on contractual terms ex ante … and on price ex post, we study price delegation with and without limitation: limited price delegation versus full price … delegation. We find that limited price delegation with a lower price bound is the most profitable strategy under market …
Persistent link: https://www.econbiz.de/10012993036
price competition within the entry brand, and by improving consumer perception for parts of the platform. In the meantime …
Persistent link: https://www.econbiz.de/10014456560
This paper analyzes optimal pricing for information goods under incomplete information, when both unlimited-usage (fixed-fee) pricing and usage-based pricing are feasible, and administering usage-based pricing may involve transaction costs. It is shown that offering fixed-fee pricing in addition...
Persistent link: https://www.econbiz.de/10014120562