model to study consumers’ buying behavior and firm competition in the post patent ethical drug markets. We use the estimated … study the post patent ethical drug market and simulate the impact of ACA on individuals, healthcare providers and … paper is the first to illustrate the potential policy effect of Obamacare through a structural model on post patent ethical …

this paper, we take a close look at competition among the generic entrants during the first three years after patent …Pharmaceutical markets experience the entry of numerous generic firms upon expiration of the brand firm's patent. In … expiration and examine whether there is a first mover advantage. We specify a random effect nested logit model of competition …

to "reach for mediocrity" by investing in socially suboptimal projects, even in the presence of competition and new … underinvestment problem. In particular, we describe a new approach for a "value-based" patent system, which ties patent protection to …

has said that patent litigation is categorically different, since it offers the chance to increase competition by freeing … that patent challenges lead to increased competition. It identifies a number of conditions that must hold for a patent … the public from the burdens of a monopoly. Based on this theory, and in the hopes of seeing more patent litigation fought …

In a model of sequential patent races, it is examined whether or not introducing a patent law in the home country is … beneficial to the firms and the society as a whole given the foreign country already offers patent protection. Before the first … patent race starts, the firms and the foreign country share interests. For a given total number of firms, the welfare effect …

We study how competition impacts innovation (and welfare) when firms compete both in the product market and in … innovation development. This relationship is complex and may lead to scenarios in which a lessening of competition increases R … provide conditions for when competition increases or decreases industry innovation and welfare. These conditions are based on …

intellectual property rights. The further impact of fewer competitors is to raise R&D, when initial competition is strong, but to … reduce it, when initial competition is weak ("inverted U"). …

actually use IPRs. The further impact of fewer competitors is to raise R&D, when initial competition is strong, but to reduce … it, when initial competition is weak ("inverted U"). …