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Monopoly Power under Pharmaceutical Patents

Monopoly Power under Pharmaceutical Patents

In this activity, students are asked to identify which among five pharmaceutical patent policy options they believe would be most likely to improve long term societal well being, with the policy options ranging from continuation of the current pharmaceutical patenting system to the extreme stance of complete disallowal of patents. It provides an application of monopoly theory and also forces students to confront the ambiguity associated with...

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