Retail price regulation and innovation: Reference pricing in the pharmaceutical industry
نویسندگان
چکیده
منابع مشابه
Retail price regulation and innovation: reference pricing in the pharmaceutical industry.
Our paper is a first attempt to evaluate the long run impact of reference pricing on pharmaceutical innovation, health and expenditures. The model is based on a dynamic game involving three types of agents: pharmaceutical firms, consumers and a regulatory entity. Pharmaceutical firms choose the level of research investment and its innovative content, then negotiate introductory prices for new d...
متن کاملRetail Price Regulation and Innovation: Reference Pricing in the Pharmaceutical Industry1
Our paper is a rst attempt to evaluate the long run impact of reference pricing on pharmaceutical innovation, health and expenditures. The model is based on a dynamic game involving three types of agents: pharmaceutical rms, consumers and a regulatory entity. Pharmaceutical rms choose the level of research investment and its innovative content, then negotiate introductory prices for new drug...
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ژورنال
عنوان ژورنال: Journal of Health Economics
سال: 2010
ISSN: 0167-6296
DOI: 10.1016/j.jhealeco.2009.11.015