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How much is your health worth? A research agenda on valuation processes and markets for medicines

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  • Nouguez, Etienne

Abstract

The stakes around the global and national medicines markets have been rising steadily for the last twenty years. From the controversies over patents surrounding HIV treatments and the right of developing countries to infringe these patents and develop generic copies in the late 1990s ('t Hoen 2002; Coriat 2008), to the current debates over the exorbitant prices of certain medicines and the sustainability of the expenditure they generate for national health insurance (Vogler et al. 2016), or, in the current context of the Covid-19 pandemic, over supply disruptions and struggles between countries to access treatments, tests, and protective masks - medicines and health products raise a series of fundamental questions.

Suggested Citation

  • Nouguez, Etienne, 2020. "How much is your health worth? A research agenda on valuation processes and markets for medicines," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 21(3), pages 11-19.
    • Handle: RePEc:zbw:econso:223121
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    References listed on IDEAS

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    1. Lucien Karpik, 2010. "Valuing the Unique: The Economics of Singularities," Economics Books, Princeton University Press, edition 1, number 9215.
    2. Beckert, Jens & Musselin, Christine (ed.), 2013. "Constructing Quality: The Classification of Goods in Markets," OUP Catalogue, Oxford University Press, number 9780199677573.
    3. Matthieu Montalban & Mustafa Erdem Sakinç, 2013. "Financialization and productive models in the pharmaceutical industry," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 22(4), pages 981-1030, August.
    4. Nouguez, Etienne, 2014. "Governing the market through prices: The state and controls on the price of medicines in France," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 15(2), pages 41-48.
    5. Beckert, Jens & Aspers, Patrik (ed.), 2011. "The Worth of Goods: Valuation and Pricing in the Economy," OUP Catalogue, Oxford University Press, number 9780199594658.
    6. Viviana A. Zelizer, 2013. "Economic Lives: How Culture Shapes the Economy," Economics Books, Princeton University Press, edition 1, number 9297.
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