Strategic Entry Deterrence and the Behavior of Pharmaceutical Incumbents Prior to Patent Expiration
This paper develops a new approach to testing for strategic entry deterrence and applies it to the behavior of pharmaceutical incumbents before patent expiration. It examines a cross section of markets, determining whether behavior is nonmonotonic in market size. Under some conditions, investment le...
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Format: | Article |
Language: | English |
Published: |
American Economic Association,
2012-06-01T22:19:58Z.
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Subjects: | |
Online Access: | Get fulltext |