Utilize este identificador para referenciar este registo: https://hdl.handle.net/1822/6839

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dc.contributor.authorBrekke, Kurt R.-
dc.contributor.authorKönigbauer, Ingrid-
dc.contributor.authorStraume, Odd Rune-
dc.date.accessioned2007-08-17T16:51:04Z-
dc.date.available2007-08-17T16:51:04Z-
dc.date.issued2007-05-
dc.identifier.citation"Journal of Health Economics". ISSN 0167-6296. 26:3 (May 2007) 613-642.eng
dc.identifier.issn0167-6296eng
dc.identifier.urihttps://hdl.handle.net/1822/6839-
dc.description.abstractWe consider a therapeutic market with potentially three pharmaceutical firms. Two of the firms offer horizontally differentiated brand-name drugs. One of the brand-name drugs is a new treatment under patent protection that will be introduced if the profits are sufficient to cover the entry costs. The other brand-name drug has already lost its patent and faces competition from a third firm offering a generic version perceived to be of lower quality. This model allows us to compare generic reference pricing (GRP), therapeutic reference pricing (TRP), and no reference pricing (NRP). We show that competition is strongest under TRP, resulting in the lowest drug prices (and medical expenditures). However, TRP also provides the lowest profits to the patent-holding firm, making entry of the new drug treatment least likely. Surprisingly, we find that GRP distorts drug choices most, exposing patients to higher health risks.eng
dc.language.isoengeng
dc.publisherElsevier 1eng
dc.rightsopenAccesseng
dc.subjectPharmaceuticalseng
dc.subjectReference pricingeng
dc.subjectProduct differentiationeng
dc.titleReference pricing of pharmaceuticalseng
dc.typearticlepor
dc.peerreviewedyespor
dc.relation.publisherversionhttp://www.sciencedirect.com/science/journal/01676296eng
sdum.number3eng
sdum.pagination613-642eng
sdum.publicationstatuspublishedeng
sdum.volume26eng
oaire.citationStartPage613por
oaire.citationEndPage642por
oaire.citationIssue3por
oaire.citationVolume26por
dc.identifier.doi10.1016/j.jhealeco.2006.11.003por
dc.identifier.pmid17188769por
dc.subject.wosSocial Sciencespor
dc.subject.wosScience & Technologypor
sdum.journalJournal of Health Economicspor
Aparece nas coleções:NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica

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