National Repository of Grey Literature 59 records found  1 - 10nextend  jump to record: Search took 0.00 seconds. 
Competition in the pharmaceutical market after patent expiry
Polívka, Martin ; Koubek, Ivo (advisor) ; Čermáková, Klára (referee)
The bachelor thesis examines the impact of generic drug intake on the pharmaceutical market after the expiry of the original patent patent. First, it focuses on the immediate response of the original drug producer after generic entry and then attempts to estimate how the number of generic substitutes on the market, affects the cost of this drug. Based on the estimated econometric model, a higher number of generic drugs leads to a lower cost of the original drug. However, the main finding is that the generic competition paradox, the paradox where the original drug increases the price after the generic entry, may not be valid in more regulated markets like the Czech one, and therefore broader adoption of generic drugs not only leads to price reductions of these new drugs but leads to lower prices for original medicines as well.
Measuring Market Power: The Czech Market of Mobile Operators
Kolomazníková, Barbora ; Koubek, Ivo (advisor) ; Hayat, Arshad (referee)
The main focus of the thesis is the measurement of market power. Since market power is a determinant of the degree of competition, its measurement is the key feature of competition policy. We present various methods for assessing market power. One of the most famous ones are Lerner index and Herfindahl-Hirschman index, both of which belong to SCP paradigm. Another group of measures are the NEIO models, which provide the empirical analysis of relevant markets. For the estimation of market power, we have chosen the czech market of mobile oper- ators. We examine the three largest operators (i.e. O2, T-Mobile and Vodafone) in the period 2000-2013. Firstly, the model of Röller and Parker (1997) is used to identify the market's structure. Secondly, we employ the Appelbaum's (1982) industry-level measure to estimate market power. Keywords: market power, market structure, Lerner index, competition, industrial orga- nization, mobile operator, telecommunications Supervisor's e-mail address: koubek@fsv.cuni.cz Author's e-mail address: barbora.kolomaznikova@centrum.cz 1

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