Garber, Alan M; Jones, Charles I.; Romer, Paul - In: Forum for Health Economics & Policy 9 (2006) 2
This paper studies the interactions between health insurance and the incentives for innovation. Although we focus on … inadequate incentives to innovate. Standard results in the health literature suggest that health insurance leads to the … overutilization of health care. Our study of innovation in the pharmaceutical industry emphasizes the interaction of these incentives …