New Push Ties Cost of Drugs to How Well they Work, by Loftus, and Pay For Performance is No Miracle Cure, by Pauly the authors make an argument that tying the price of a drug to its effectiveness is a form of price discrimination (i) Does this practice meet the conditions required for price discrimination Why or why not Please address all conditions one by one (ii) Pauly concludes that it is highly unlikely that consumers will be better off as a group if monopolistic pharmaceutical companies practice discriminatory pricing Analyze this claim using economic intuition https www wsj com articles new push ties cost of drugs to how well they work 1432684755 reflink desktopwebshare permalink In the articles (links provided)

Question: New Push Ties Cost of Drugs to How Well they Work, by Loftus, and Pay-For-Performance is No Miracle Cure, by Pauly; the authors make an

"New Push Ties Cost of Drugs to How Well they Work," by Loftus, and "Pay-For-Performance is No Miracle Cure," by Pauly; the authors make an argument that tying the price of a drug to its effectiveness is a form of price discrimination.
(i) Does this practice meet the conditions required for price discrimination? Why or why not? Please address all conditions one by one.
(ii) Pauly concludes that it is highly unlikely that consumers will be better off as a group if monopolistic pharmaceutical companies practice discriminatory pricing. Analyze this claim using economic intuition.
https://www.wsj.com/articles/new-push-ties-cost-of-drugs-to-how-well-they-work-1432684755?reflink=desktopwebshare_permalink In the articles (links provided)

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