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Uncertainty in the generic versus brand name prescription decision
Dalarna University, School of Technology and Business Studies, Economics.
2010 (English)In: Empirical Economics, ISSN 0377-7332, E-ISSN 1435-8921, Vol. 38, no 3, 503-521 p.Article in journal (Refereed) Published
Abstract [en]

This paper analyzes the impact of uncertainty concerning product quality of generic drugs on the substitution behavior of prescribing physicians. It is shown that uncertainty about the generic drug quality gives the physician a value of waiting for more information before switching to the generic version. In addition, it is shown that reducing the approval requirements for generic drugs, thereby increasing uncertainty about quality, may discourage physicians from prescribing such drugs. An empirical study testing the theoretical predictions is presented at the end of the paper.

Place, publisher, year, edition, pages
2010. Vol. 38, no 3, 503-521 p.
National Category
Economics
Research subject
Complex Systems – Microdata Analysis
Identifiers
URN: urn:nbn:se:du-10482DOI: 10.1007/s00181-009-0277-7ISI: 000275753600001OAI: oai:DiVA.org:du-10482DiVA: diva2:542771
Note

Regionala förändringsprocesser

Available from: 2012-08-03 Created: 2012-08-03 Last updated: 2017-04-04Bibliographically approved

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CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • chicago-author-date
  • chicago-note-bibliography
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Language
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  • nn-NB
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Output format
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