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iCoopera - Disease risk

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Está aquí: Disease risk

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Disease risk

We argue that in pharmaceutical markets, variation in the arrival time of consumer heterogeneity creates differences between a producer’s ability to extract consumer surplus with preventives and treatments, potentially distorting R&D decisions. If consumers vary only in disease risk, revenue from treatmentssold after the disease is contracted, when disease risk is no longer a source of private informationalways exceeds revenue from preventives. The revenue ratio can be arbitrarily high for sufficiently skewed distributions of disease risk.

Publicado en Salud / Actualidad
Jueves, 25 Abril 2013 00:00

Exceptions Become the Rule

Exceptions Become the Rule

NEW YORK – Long ago, I worked as an analyst on Wall Street. The first company that I analyzed was Federal Express, which at the time had not yet shipped its first package.

Publicado en Economía / Actualidad

Género

Especiales: Género
   
Está aquí: Disease risk