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Price Levels, Price Practices and Price Discrimination in a Retail Market for Prescription Drugs
Author(s) -
CADY JOHN F.,
ANDREASEN ALAN R.
Publication year - 1975
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1975.tb00547.x
Subject(s) - scrutiny , metropolitan area , medical prescription , price discrimination , public economics , pharmacy , value (mathematics) , economics , business , population , health care , empirical evidence , marketing , economic growth , medicine , environmental health , family medicine , pathology , machine learning , political science , computer science , law , pharmacology , philosophy , epistemology
The pricing policies of retail pharmacies have come under recent scrutiny by public policy makers. This is a result of the economic value of prescription drugs as a part of the nations's health care bill as well as the potential impact of pricing policies on those segments of the population least able to afford treatment: the poor and the elderly. This study examines pricing and price practices in a metropolitan market and provides empirical evidence regarding the impact of these practices.