The paper uses a real option approach to investigate the impact of performance-based risk-sharing agreements for the reimbursement of new drugs in comparison with standard cost-effectiveness thresholds. The results show that the exact definition of the risk-sharing agreement is key in...

With economic integration rapidly growing at all level, understanding the incentives that this provides in the design of fiscal policies at the national level is fundamental. The most obvious implication of international competition on the taxation of mobile factors is a race to the bottom in...

Gesundheit ist ein grundlegendes Menschenrecht, und ein gleichberechtigter Zugang zu Arzneimitteln ist entscheidend für die Sicherstellung der öffentlichen Gesundheit. Das derzeitige System der pharmazeutischen Innovation stützt sich stark auf den privaten Sektor, und die Vergütung der...

Health is a fundamental human right, and achieving equal access to medicines is crucial to ensuring public health. The current system of pharmaceutical innovation relies strongly on the private sector, and remuneration of innovation is mainly based on exclusivities. This system presents several...