Kanniainen, Vesa; Laine, Juha; Linnosmaa, Ismo - In: Journal of the Finnish Economic Association : JFEA 2 (2021) 1, pp. 25-48
analyses the public insurance of a patent-protected pharmaceutical product in terms of price controls and socially optimal … third-degree price discrimination. First, the paper characterizes the Ramsey pricing rule in the case where the producer … price has to cover the R&D costs of the firm and patients’ pharmaceutical expenditures are not covered by health insurance …