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Understanding Firm, Physician and Consumer Choice Behavior in the Pharmaceutical Industry

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Abstract

This paper argues that the pharmaceutical industry represents an exciting opportunity to carry out academic research. The nature of the industry allows researchers to answer new questions, develop new methodologies for answering these questions as well as to apply existing methodology to new data. The paper opens with some industry background, then provides a brief overview of some important research areas and discusses the open questions in each area. Issues of data type and availability are also discussed.

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Correspondence to Puneet Manchanda.

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This paper is based on a session (with the same title and participants) that was part of the Sixth Invitational Choice Symposium hosted by the University of Colorado and held at Estes Park, Colorado during June 4–8, 2004.

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Manchanda, P., Wittink, D.R., Ching, A. et al. Understanding Firm, Physician and Consumer Choice Behavior in the Pharmaceutical Industry. Market Lett 16, 293–308 (2005). https://doi.org/10.1007/s11002-005-5893-1

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