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In Whom We Trust: The Role of Certification Agencies in Online Drug Markets

Author

Listed:
  • Bate Roger

    (Department of Economics, American Enterprise Institute, Washington, DC, USA)

  • Jin Ginger Zhe

    (Department of Economics, University of Maryland, College Park, MD, USA)

  • Mathur Aparna

    (American Enterprise Institute, 1150 Seventeenth Street, Washington, DC 20036, USA)

Abstract

This article uses an audit sample and a consumer survey to study the intriguing market of online prescription drugs facing US customers and assesses the role that certification agencies play in online drug markets.

Suggested Citation

  • Bate Roger & Jin Ginger Zhe & Mathur Aparna, 2014. "In Whom We Trust: The Role of Certification Agencies in Online Drug Markets," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 14(1), pages 111-150, January.
    • Handle: RePEc:bpj:bejeap:v:14:y:2014:i:1:p:111-150:n:2
    DOI: 10.1515/bejeap-2013-0085
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    More about this item

    Keywords

    prescription drugs; counterfeit; online pharmacy; price; certification; D18; D8; I18;
    All these keywords.

    JEL classification:

    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • D8 - Microeconomics - - Information, Knowledge, and Uncertainty
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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