305 Economists Called to Answer Questionnaire on the Pre-Market Approval of Drugs and Devices

Daniel Klein and Jason Briggeman

Econ Journal Watch, 2010, vol. 7, issue 1, 99-106

Abstract: We have created an online questionnaire that queries the respondent about whether the policy of pre-market of approval of drugs and devices has behind it any market-failure rationale. The questionnaire interactively interviews the respondent, making a virtual conversation. The point of the questionnaire is to explore whether anyone can provide a reasonable justification for the policy. This article presents the questionnaire and ethically summons 305 relevant economists to complete the questionnaire. We explain why any conscientious researcher is entitled to issue a summons of this kind, and why the summoned economists may have a responsibility to respond. The responses will be collated and reported (without commentary) in a subsequent issue of EJW. The ungated interactive questionnaire: http://www.surveywriter.net/in/survey/survey1427/pma.asp The pdf showing the whole architecture of the questionnaire: http://econjwatch.org/file_download/388/PMAQuestionnaire.pdf

Keywords: U.S. Food and Drug Administration; FDA; pre-market approval; drugs; medical devices; market failure (search for similar items in EconPapers)
JEL-codes: A11 A13 D8 K23 L51 L65 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ejw:journl:v:7:y:2010:i:1:p:99-106

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