Arbeitspapier
Price Dynamics of Swedish Pharmaceuticals
This paper investigates price patterns of off-patent pharmaceuticals in Sweden. I show that price dynamics are dependent on the number of competitors in the market. The price patterns follow predictions from a model of dynamic price competition in which the demand for pharmaceuticals incorporates the known biases of consumers: habit persistence and brand preferences. Using the regulated market of Swedish pharmaceuticals, I show that price may help in identifying possible tacit collusion by manufacturers in markets where consumers experience behavioral frictions.
- Sprache
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Englisch
- Erschienen in
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Series: IFN Working Paper ; No. 1325
- Klassifikation
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Wirtschaft
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
Analysis of Health Care Markets
Oligopoly and Other Imperfect Markets
Antitrust Issues and Policies: General
- Thema
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Pharmaceutical pricing
Dynamic oligopoly
State dependence
Price cycles
- Ereignis
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Geistige Schöpfung
- (wer)
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Janssen, Aljoscha
- Ereignis
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Veröffentlichung
- (wer)
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Research Institute of Industrial Economics (IFN)
- (wo)
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Stockholm
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Janssen, Aljoscha
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2020