Reference pricing with endogenous generic entry

In this paper we study the effect of reference pricing on pharmaceutical prices and ex-penditures when generic entry is endogenously determined. We develop a Salop-type model where a brand-name producer competes with generic producers in terms of prices. In the market there are two types of consumer...

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Bibliographic Details
Main Author: Brekke, Kurt R. (author)
Other Authors: Canta, Chiara (author), Straume, Odd Rune (author)
Format: workingPaper
Language:eng
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/1822/34417
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/34417