IDEAS home Printed from https://ideas.repec.org/p/guc/wpaper/20.html
   My bibliography  Save this paper

Price Discrimination in Practice: The Market for Drugs in Egypt and the U.S

Author

Listed:
  • Rania Zaher Naguib

    (Faculty of Management Technology, The German University in Cairo)

Abstract

This paper attempts to analyze the medical and economical reasons that cause a difference in the price elasticity of patients' demand to drugs between Egypt and the United States of America. The study was based on two medicines produced by Pfizer (Lipitor and Viagra), with both of them available in Egypt as well as the United States. The result of this study reflected that Egyptians are more sensitive to the changes in price relative to Americans for both Lipitor and Viagra because of different economical and medical factors.

Suggested Citation

  • Rania Zaher Naguib, 2010. "Price Discrimination in Practice: The Market for Drugs in Egypt and the U.S," Working Papers 20, The German University in Cairo, Faculty of Management Technology.
    • Handle: RePEc:guc:wpaper:20
    as

    Download full text from publisher

    File URL: http://mgt.guc.edu.eg/wpapers/020zaher2010.pdf
    File Function: First version, 2010
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aaron S. Edlin & Mario Epelbaum & Walter P. Heller, 1998. "Is Perfect Price Discrimination Really Efficient?: Welfare and Existence in General Equilibrium," Econometrica, Econometric Society, vol. 66(4), pages 897-922, July.
    2. Elizabeth K. Kiser, 1998. "Heterogeneity in Price Sensitivity and Retail Price Discrimination," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(5), pages 1150-1153.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. David Kelsey & Frank Milne, 2006. "Externalities, monopoly and the objective function of the firm," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(3), pages 565-589, November.
    2. Yin, Xiangkang, 2004. "Two-part tariff competition in duopoly," International Journal of Industrial Organization, Elsevier, vol. 22(6), pages 799-820, June.
    3. Randall S. Kroszner, 1998. "Lessons from a laissez-faire payments system: the Suffolk Banking System, 1825-58 - commentary," Review, Federal Reserve Bank of St. Louis, issue May, pages 117-120.
    4. Bejan, Camelia, 2021. "On the inefficiency of perfect price discrimination," Economics Letters, Elsevier, vol. 208(C).
    5. Arthur J. Rolnick & Bruce Smith & Warren E. Weber, 1998. "Lessons from a laissez-faire payments system: the Suffolk Banking System (1825-58)," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 22(Sum), pages 11-21.
    6. Geoffrey Heal, 2022. "Economic Aspects of the Energy Transition," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 83(1), pages 5-21, September.
    7. repec:hal:wpaper:hal-03375907 is not listed on IDEAS
    8. Gagan Goel & Vijay V. Vazirani, 2011. "A Perfect Price Discrimination Market Model with Production, and a Rational Convex Program for It," Mathematics of Operations Research, INFORMS, vol. 36(4), pages 762-782, November.
    9. Philip Kostov & John Lingard, 2004. "Subsistence Agriculture in Transition Economies: Its Roles and Determinants," Journal of Agricultural Economics, Wiley Blackwell, vol. 55(3), pages 565-579, November.
    10. Antonio Villar Notario, 2000. "On The Efficiency Of Market Equilibrium In Production Economies," Working Papers. Serie AD 2000-17, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    11. Bing Jing, 2007. "Product differentiation under imperfect information: When does offering a lower quality pay?," Quantitative Marketing and Economics (QME), Springer, vol. 5(1), pages 35-61, March.
    12. Jain, Ritika & Nandan, Amit, 2019. "Effect of Electricity Act on tariff gap within the subsidizing sector: The case of India," Energy Policy, Elsevier, vol. 132(C), pages 901-914.
    13. Bing Jing & Z. Zhang, 2011. "Product line competition and price promotions," Quantitative Marketing and Economics (QME), Springer, vol. 9(3), pages 275-299, September.

    More about this item

    Keywords

    Price Discrimination; Pharmaceutical Industry;

    JEL classification:

    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:guc:wpaper:20. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr.Dina Yousri (email available below). General contact details of provider: https://edirc.repec.org/data/fmguceg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.