this paper, we take a close look at competition among the generic entrants during the first three years after patent … expiration and examine whether there is a first mover advantage. We specify a random effect nested logit model of competition … that allows for competition between the brand drug and generics, and among multiple generic drugs. The model accommodates …

and competition with generics. The nature of demand for drugs, the identity of drugs brought to market, and the nature of … competition in the drug market over time are all shaped by regulation. Throughout much of the world, administrative regulation …, rather than competition policy, dominates efforts to afford consumers and governments adequate access to affordable drugs …