Economic Effects of Product Liability and Other Litigation Involving the Safety and Effectiveness of Pharmaceuticals

Nonfiction, Reference & Language, Law, Practical Guides, Health & Well Being, Medical, Medical Science, Pharmacology
Cover of the book Economic Effects of Product Liability and Other Litigation Involving the Safety and Effectiveness of Pharmaceuticals by Steven Garber, RAND Corporation
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Author: Steven Garber ISBN: 9780833079893
Publisher: RAND Corporation Publication: February 15, 2013
Imprint: RAND Corporation Language: English
Author: Steven Garber
ISBN: 9780833079893
Publisher: RAND Corporation
Publication: February 15, 2013
Imprint: RAND Corporation
Language: English
Liability effects on the economic performance of the pharmaceutical industry play a prominent role in the debate about the economic effects of product liability in the United States. The author analyzes incentive effects on company decisions, implications for economic outcomes such as drug safety and effectiveness, and suggests how public policy changes could mitigate liability-based sources of inefficient decisions of pharmaceutical companies.
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Liability effects on the economic performance of the pharmaceutical industry play a prominent role in the debate about the economic effects of product liability in the United States. The author analyzes incentive effects on company decisions, implications for economic outcomes such as drug safety and effectiveness, and suggests how public policy changes could mitigate liability-based sources of inefficient decisions of pharmaceutical companies.

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