... A nested logit model ( NLM ) is used to capture the hierarchical decision-making process individuals follow when selecting both a hospital type and a specific hospital within that category. The analysis incorporates factors such as age, gender, education, income, drugstore availability, distance...

... and health insurance companies. © Emerald Group Publishing Limited 2015 Brand drug prices Consumer utility Generic competition Nested logit model Pharmaceutical drugs The USA The purpose of this paper is to determine why brand-drug prices do not fall to compete with generics when...