Abstract:Abstract:To manage the challenge of limited healthcare resources and unlimited demand for healthcare, decision makers utilise a variety of demand side policies, such as health technology appraisals and international reference pricing to regulate price and utilisation. By controlling price and utilisation demand side policies determine the earnings potential, and hence the incentives to invest in research and development (R&D) of new technologies. However, the impact of demand side policies on R&D incentives is… Show more
“…Illustration of the expected policy impact. The arrows demonstrate the impact on expected rent and consumer surplus; where ↑, ↓ and → indicate an increase, decrease and no impact, respectively 129. …”
“…Illustration of the expected policy impact. The arrows demonstrate the impact on expected rent and consumer surplus; where ↑, ↓ and → indicate an increase, decrease and no impact, respectively 129. …”
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