version instead. We show that pharmacies' substitution incentives are determined by relative margins and relative patient … coinsurance. In terms of policy implications, our results suggest that pharmacy incentives are crucial for promoting generic sales …

version instead. We show that pharmacies' substitution incentives are determined by relative margins and relative patient … coinsurance. In terms of policy implications, our results suggest that pharmacy incentives are crucial for promoting generic sales …

version instead. We show that pharmacies' substitution incentives are determined by relative margins and relative patient … generics and their market shares. In terms of policy implications, our results suggest that pharmacy incentives are crucial for …

Therapeutic reference pricing (TRP) of pharmaceuticals is widely thought to steer drug innovation incentives away from …, TRP reduces innovating firms' incentives for therapeutic differentiation and leads to entry of drugs that are less … innovation incentives. On the other hand, TRP leads to lower health benefits unless incentives for therapeutic differentiation …