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来源类型Working Paper
规范类型报告
DOI10.3386/w16321
来源IDWorking Paper 16321
Bundling Among Rivals: A Case of Pharmaceutical Cocktails
Claudio Lucarelli; Sean Nicholson; Minjae Song
发表日期2010-08-27
出版年2010
语种英语
摘要We empirically analyze the welfare effects of cross-firm bundling in the pharmaceutical industry. Physicians often treat patients with "cocktail" regimens that combine two or more drugs. Firms cannot price discriminate because each drug is produced by a different firm and a physician creates the bundle in her office from the component drugs. We show that a less competitive equilibrium arises with cocktail products because firms can internalize partially the externality their pricing decisions impose on competitors. The incremental profits from creating a bundle are sometimes as large as the incremental profits from a merger of the same two firms.
主题Health, Education, and Welfare ; Health ; Industrial Organization ; Market Structure and Firm Performance
URLhttps://www.nber.org/papers/w16321
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573995
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GB/T 7714
Claudio Lucarelli,Sean Nicholson,Minjae Song. Bundling Among Rivals: A Case of Pharmaceutical Cocktails. 2010.
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