A Primer on the Economics of Prescription Pharmaceutical Pricing in Health Insurance Markets

Ernst R. Berndt, Thomas G. McGuire, Joseph P. Newhouse

NBER Working Paper No. 16879
Issued in March 2011

---- Acknowledgements -----

We have benefited from discussions with Richard G. Frank, Frank McCauley, Mark V. Pauly, Robert S. Pindyck and Fiona Scott Morton, but we are solely responsible for the views expressed herein. This research has not been sponsored. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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