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A DYNAMIC OLIGOPOLY STRUCTURAL MODEL FOR THE PRESCRIPTION DRUG MARKET AFTER PATENT EXPIRATION*
16 references·16 citing·35 second hopsampled
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A Tale of Two Recommendation Algorithms (2023)How Does Competition Affect E…Learning to Set Prices (2021)Learning to Set PricesInvest in Information or Wing It? A Model of Dynamic Pricing with Seller Learning (2019)Invest in Information or Wing…Firm Expansion, Size Spillovers, and Market Dominance in Retail Chain Dynamics (2017)Firm Expansion, Size Spillove…Rising Prices Under Declining Preferences: The Case of the U.S. Print Newspaper Industry (2016)Rising Prices Under Declining…Push‐me pull‐you: comparative advertising in the OTC analgesics industry (2016)Push‐me pull‐you: comparative…Platform Pricing at Sports Card Conventions (2015)Platform Pricing at Sports Ca…The Economics of Predation: What Drives Pricing When There Is Learning-by-Doing? 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References

  • 1995Automobile Prices in Market Equilibrium4,939 cited
  • 1984A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data2,790 cited
  • 1992Discrete Choice Theory of Product Differentiation2,327 cited
  • 1995Markov-Perfect Industry Dynamics: A Framework for Empirical Work2,327 cited
  • 1989A Method of Simulated Moments for Estimation of Discrete Response Models Without Numerical Integration1,641 cited
  • 1989Simulation and the Asymptotics of Optimization Estimators1,496 cited
  • 1996Decision-Making Under Uncertainty: Capturing Dynamic Brand Choice Processes in Turbulent Consumer Goods Markets1,223 cited
  • 1984Patents as Options: Some Estimates of the Value of Holding European Patent Stocks722 cited
  • 1974A two-armed bandit theory of market pricing617 cited
  • 1994A Computationally Practical Simulation Estimator for Panel Data609 cited
  • 1992Brand Loyalty, Entry, and Price Competition in Pharmaceuticals after the 1984 Drug Act574 cited
  • 1988A Theory of Dynamic Oligopoly, I: Overview and Quantity Competition with Large Fixed Costs520 cited
  • 2003Advertising, learning, and consumer choice in experience good markets: an empirical examination*474 cited
  • 2005Uncertainty and Learning in Pharmaceutical Demand433 cited

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  • 1991Patent Expiration, Entry, and Competition in the U.S. Pharmaceutical Industry399 cited
  • 1997Generic Entry and the Pricing of Pharmaceuticals388 cited
  • Cited by

    • 2012Physician Agency and Adoption of Generic Pharmaceuticals146 cited
    • 2012Pharmaceutical Prices under Regulation: Tiered Co-payments and Reference Pricing in Germany100 cited
    • 2007Chapter 30 A Framework for Applied Dynamic Analysis in IO98 cited
    • 2014The Economics of Predation: What Drives Pricing When There Is Learning-by-Doing?81 cited
    • 2013Development of the generic drug industry in the US after the Hatch-Waxman Act of 198474 cited
    • 2014Regulation of pharmaceutical prices: Evidence from a reference price reform in Denmark74 cited
    • 2013Dynamics of Consumer Adoption of Financial Innovation: The Case of ATM Cards69 cited
    • 2015Platform Pricing at Sports Card Conventions40 cited
    • 2017Firm Expansion, Size Spillovers, and Market Dominance in Retail Chain Dynamics39 cited
    • 2021Learning to Set Prices39 cited
    • 2016Push‐me pull‐you: comparative advertising in the OTC analgesics industry37 cited
    • 2023How Does Competition Affect Exploration vs. Exploitation? A Tale of Two Recommendation Algorithms36 cited
    • 2019Invest in Information or Wing It? A Model of Dynamic Pricing with Seller Learning33 cited
    • 2016Rising Prices Under Declining Preferences: The Case of the U.S. Print Newspaper Industry32 cited
    • 2012Information Content of Advertising: Empirical Evidence from the OTC Analgesic Industry31 cited
    • 2005Recent Advances in Structural Econometric Modeling: Dynamics, Product Positioning and Entry29 cited