Patricia M. Danzon

Patricia Danzon is the Celia Moh Professor Emeritus at The Wharton School, University of Pennsylvania. She received a B.A. from Oxford University, England, and a Ph.D. in Economics from the University of Chicago. Professor Danzon is an internationally recognized expert in the economics of health care, the biopharmaceutical industry, and insurance. She is a member of the National Academy of Medicine and a former Research Associate at the National Bureau of Economic Research. She has served as a consultant to many governmental agencies, NGOs and private corporations in the US and internationally. Professor Danzon has been an Associate Editor of the American Economic Review, the Journal of Health Economics and the International Journal of Health Care Finance and Economics. She has published widely in scholarly journals on a broad range of subjects related to health care, pharmaceuticals, biotechnology, insurance, and the economics of law.

Why the FTC Should Consider Size in Drug Mergers

Large pharmaceutical firms retain their dominance through size-related advantages in three areas: contracting, marketing and selling, and financing. When reviewing pharmaceutical mergers,...

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New Study Warns Antitrust Inaction May Lead To Acceptable Collusion for Public Policy Considerations

The modernization of EU antitrust laws muddied the water with regard to the ways that antitrust authorities and courts should handle situations...

Dark Money Dominates Spending by Special Interest Groups and Sways Elections

New research on undisclosed and unlimited political contributions, or dark money, exposes the increasing role that such funds play in U.S. elections.

The “Conspiracy” of Consumer Welfare Theory

Matt Stoller argues there was a conspiracy. It was more of an association with a singular purpose.

Researchers Find Reduced Competition After Pandemic

The chart of the week comes from a new research paper that documents the increase in small business closures during the Covid...

Voters Still Believe Politics is About the Common Good, Not Just Rent-Seeking

Do voters still believe that politics can be a source for common-good policies and not just partisan bickering and rent-seeking? With political...

How to Design Data Protection Laws That Actually Work 

More and more countries are passing data protection laws, yet empirical studies show that these laws rarely deliver on their promises. A...

Are Monopolists or Cartels the True Source of Anticompetitive US Political Power?

Trade associations are often the biggest obstacles to competitive markets, especially when those organizations use their influence to change public policy in...