Browsing Discussion papers (SAM) by Subject "reference pricing"
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Does Reference Pricing Drive Out Generic Competition in Pharmaceutical Markets? Evidence from a Policy Reform
(Discussion paper;11/15, Working paper, 2015-06)In this paper we study the impact of reference pricing (RP) on entry of generic firms in the pharmaceutical market. For given prices, RP increases generic firms' expected profit, but since RP also stimulates price ... -
Reference pricing of pharmaceuticals
(Discussion paper, Working paper, 2005-11)We 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 ...