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The prescribing physician's influence on consumer choice between medically equivalent pharmaceuticals
Umeå University, Faculty of Social Sciences, Department of Economics. (HUI Research, Stockholm, Sweden)
Department of Economics, Dalarna University, Borlänge, Sweden. (HUI Research, Stockholm, Sweden)
2012 (English)In: Review of Industrial Organization, ISSN 0889-938X, E-ISSN 1573-7160, Vol. 41, no 3, 207-222 p.Article in journal (Refereed) Published
Abstract [en]

This paper reports on a study of the prescribing physician's influence on consumers' choice between medically equivalent pharmaceuticals. The study was performed using a dataset of 666,000 observations in which consumers were asked whether they were prepared to pay the price difference in order to obtain the prescribed pharmaceutical instead of the cheapest available substitute. The main results support the hypothesis that prescribing physicians have an impact on consumers' choice between medically equivalent pharmaceutical products.

Place, publisher, year, edition, pages
Dordrecht: Springer, 2012. Vol. 41, no 3, 207-222 p.
Keyword [en]
brand loyalty, branded generics, doctors, parallel import, generic competition, secondary brand
National Category
Economics and Business
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-61350DOI: 10.1007/s11151-012-9347-7ISI: 000309582000004OAI: oai:DiVA.org:umu-61350DiVA: diva2:570683
Available from: 2012-11-20 Created: 2012-11-12 Last updated: 2017-12-07Bibliographically approved

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The prescribing physician's influence on consumer choice(183 kB)105 downloads
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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf