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
Englisch

Erschienen in
Series: IFN Working Paper ; No. 1325

Klassifikation
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
Pharmaceutical pricing
Dynamic oligopoly
State dependence
Price cycles

Ereignis
Geistige Schöpfung
(wer)
Janssen, Aljoscha
Ereignis
Veröffentlichung
(wer)
Research Institute of Industrial Economics (IFN)
(wo)
Stockholm
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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

Ähnliche Objekte (12)