The welfare implications of direct-to-consumer advertising (DTCA) have garnered considerable attention and are … prescription drugs. I then use the estimated parameters of the model to compute the impact on consumer welfare that results from … indicate increased levels of consumer welfare due to presence of DTCA in comparison to the absence of DTCA. The results also …

We compare the short-run welfare effects of two types of settlement agreements, quot;reverse paymentsquot; of the brand … restrictions of reverse payments are superior to no restrictions in terms of total welfare, both with and without the entry …

than compensate the welfare reducing impact of market power, irrespective of whether the number of firms is given … exogenously or determined endogenously by a profit constraint. We further show that welfare in a setting with adverse selection … may be higher than the maximized welfare level attainable in a world with perfect observability. …

We analyze welfare implications of policies promoting environmentally friendly vehicles employing rich Swiss micro …

changes in food expenditures and prices and simulate the welfare losses from food price changes across poverty definitions. We …-poor households only to changes in beverage prices. Additionally, changes in household economic welfare due to price increases vary … according to poverty status. On average, the percentage of total income needed to avoid a loss in economic welfare of poor …