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In the articles (links provided) New Push Ties Cost of Drugs to How Well they Work, by Loftus, and Pay-For-Performance is No Miracle Cure, by
In the articles (links provided) "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.
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