when the elasticity of demand is higher and when small risks are insured. We extend this analysis to the insurance of … goods are either complements or substitutes--so that a change in co-insurance for one service affects the demand of others … drugs since drug demand is elastic and of modest financial risk. However, a model of multi-good insurance suggests such drug …

of broadcast and non-broadcast DTCA on price and demand, utilizing an extended time series of monthly records for all … an increase in demand as a result of the DTCA expansion and the remainder due to higher prices …

-induced reductions in demand elasticities would predict an increase in pharmaceutical firms' optimal prices. However, Part D plans could …

This paper uses national data for the period 1960 to 2000 to estimate an aggregate private consumer demand for … pharmaceuticals in the U.S. The estimated demand curve is then used to simulate the value of consumer surplus gains from a drug price …

The overuse of medical services including antibiotics is often blamed on Physician Induced Demand. But since this …

incorporate Ricardo's insight about demand-driven productivity in settings of variable scarce resources, and estimate the industry …'s responsiveness to changes in demand over this timeframe using therapeutic class-specific data. In contrast to many analyses, our … empirical estimates indicate that the industry has "met demand" with remarkable consistency since the late-1980s. The growth in …

countries with larger demand for some products at home tend to have larger sales of the same products abroad. In this paper, we … demand. We find that the correlation between predicted home demand and sales abroad is positive and greater than the … correlation between predicted home demand and purchases from abroad. In short, countries tend to be net sellers of the drugs that …

pharmaceuticals, are deemed to be price inelastic with price elasticities of demand (PED) close to -0.20. However, most studies of PED … exploit natural experiments that change demand prices for multiple components of health care. Consequently, these experiments … usually do not produce estimates for the true own-price elasticities of demand but rather composite own-price elasticities …