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This article examines the market power of branded prescription drugs faced with generic competition. Using prescription-level and matched socioeconomic panel data of the entire Swedish population between 2010 and 2016, I provide evidence for the key role of switching costs. A discontinuity...
Persistent link: https://www.econbiz.de/10012161505
This article examines the market power of branded prescription drugs faced with generic competition. Using prescription-level and matched socioeconomic panel data of the entire Swedish population between 2010 and 2016, I provide evidence for the key role of switching costs. A discontinuity...
Persistent link: https://www.econbiz.de/10014095430
Persistent link: https://www.econbiz.de/10009572811
Persistent link: https://www.econbiz.de/10010345596
financial and retail gasoline, governments and consumer protection agencies call for compulsory price reporting. Consumers could … then more easily compare the firms' offers. We showthat for a given level of price comparison, mandatory price reporting … of price comparison in equilibrium. This effect may dominate so that the regulation lead to higher expected market prices. …
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