We determine the optimal health policy mix when the average utility of patients increases with the supply of drugs available in a therapeutic class. Health risk coverage rely on two instruments, copayment and reference pricing, that affect the supported risk composed by health expenses and...

The signing of the Free Trade Agreement (FTA) between the governments of Colombia and the United States on 22 November 2006 has generated widespread expectations, both positive and negative, between most actors political and economic landscape of the country. Between expectations of negative...

We study physicians' incentives to use personalized medicine techniques, replicating the physician's trade-offs under the option of personalized medicine information. In a laboratory experiment where prospective physicians play a dual-agent real-effort game, we vary both the information...