Pricing policy for any experience good faces a key tradeoff. On one hand, a price reduction increases immediate demand … and hence more people learn about the product. On the other hand, lower prices may serve as price anchors and, through a … price anchors: future demand is lower after a free distribution than after a distribution at market prices. …

prices. Remedies based on separate bargaining do not alleviate the price increases. …

This paper uses macro-level data between 1997 and 2008 to evaluate the effects of China's pharmaceutical price … regulations. We find that these regulations had short-run effects on medicine price indices, reducing them by less than 0 … price of substitute or complementary medicines, they increased expensive medicine imports …

pharmacy-level price data pertaining to over 800 drugs has been released weekly on the Medicare Web site continuously between … a large sample of pharmacy level drug price data collected from the Medicare website for several weeks to answer the …

Reference price regimes for prescription drugs are usually implemented with the aim of curbing public expenditure with …-pay the difference between the drug's pharmacy retail price and the reimbursement level. Relying on a detailed product …-in-differences analysis show that branded products (without patent protection) affected by the policy change increased their prices. The price …

large sample of pharmacy-level drug price data collected from the Medicare website for several weeks indicate that the … be reconciled with models of dynamic price competition with consumer switching costs as in Klemperer (1987a,b). The …

-effectiveness analysis in reimbursement decisions helps to relate the reimbursement price paid to the social value of the product, but does … not necessarily result in the lowest possible price.The generic substitution policy has enabled Sweden to achieve fairly …