International Price Regulations in the Pharmaceutical Sector:
Stefano Capri
What the paper says
In this paper, we analyse the market for drugs in health care markets where third payers (an insurance company or a government agency) bear the cost and we suggest a common and transparent methodology to set the price for new drugs as well as active principles for which an alternative already exists. We argue that in this context, a bargaining approach is the most suitable instrument to describe the price-setting procedure and we show how this approach can be implemented. We argue that many of the systems that are used by western countries are in fact simplified applications of our model, the main difference usually being that the actual price-setting procedure is not as transparent as the one we propose. Copyright © by The Haworth Press, Inc. All rights reserved.
3 citations
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.00 × 0.4 = 0.00 |
| M · momentum | 0.20 × 0.15 = 0.03 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.