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Markets require informed participants to function efficiently. This paper examines the impact of providing targeted information directly to patients on their purchasing-decisions regarding pharmaceutical drugs. We analyze the effect of informational letters sent by a Swiss health insurer to...
Persistent link: https://www.econbiz.de/10014545146
(promotional interactions between drug representatives and physicians). We start with a theoretical framework in which … pharmaceutical firms target detailing visits to physicians who potentially learn about drug quality and prescribe it to their …
Persistent link: https://www.econbiz.de/10014382628
positive. The literature written by physicians about pharmaceutical marketing and promotion generally focuses on the harmful … aspects of promotion, and misses the benefits. This suspected harm occurs because physicians who have contact with … optimism of sales representatives. Physicians might be self selected to interact with representatives promoting drugs that the …
Persistent link: https://www.econbiz.de/10014029615
Physicians commonly receive marketing-related transfers from drug firms. We examine the impact of these relationships … fading out within a year. A marketing payment also leads physicians to begin treating cancer patients with lower expected …
Persistent link: https://www.econbiz.de/10014528376
Physicians' relationships with the pharmaceutical industry have recently come under public scrutiny, particularly in … indicate that both the number and the dollar- value of marketing visits increase physicians' patented opioid claims …
Persistent link: https://www.econbiz.de/10012871515
manufacturers and physicians are uncertain about drug qualities. Our model assumes (i) a representative opinion leader is … (ii) manufacturers use detailing as a means to build/maintain the measure of physicians who are informed of the current … detailing to the current information sets and the measures of well-informed physicians. To illustrate the empirical implications …
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