Logo do repositório
 
A carregar...
Miniatura
Publicação

On international cost-sharing of pharmaceutical R&D

Utilize este identificador para referenciar este registo.
Nome:Descrição:Tamanho:Formato: 
RamseyPharmaceuticalsv11.pdf154.06 KBAdobe PDF Ver/Abrir

Orientador(es)

Resumo(s)

Ramsey pricing has been proposed in the pharmaceutical industry as a principle to price discriminate among markets while allowing to recover the (fixed) R&D cost. However, such analyses neglect the presence of insurance or the fund raising costs for most of drug reimbursement. By incorporating these new elements, we aim at providing some building blocks towards an economic theory incorporating Ramsey pricing and insurance coverage. We show how coinsurance affects the optimal prices to pay for the R&D investment. We also show that under certain conditions, there is no strategic incentive by governments to set coinsurance rates in order to shift the financial burden of R&D. This will have important implications to the application of Ramsey pricing principles to pharmaceutical products across countries.

Descrição

Palavras-chave

Ramsey pricing, coinsurance.

Contexto Educativo

Citação

Projetos de investigação

Unidades organizacionais

Fascículo

Editora

Springer Netherlands

Licença CC