Exploration of Value Variable Selection and Measurement for Chinese Patent Medicine Based on Hedonic Price Theory
Yang Yijiu
Zhang Haili
Zhu He
Li Wei
Chen Zhao
Liu Bin
Liang Ning
Li Huizhen
Song Tian
Cao Wenjie
Wang Weili
Hu Ziteng
Wang Yanping
Han Sheng
Shi Nannan
Abstract：To reduce the subjectivity and uncertainty present in the current international methods of drug value pricing when converting value into monetary prices,based on the hedonic pricing theory,it considers the post-negotiation price between manufacturers and payers as a reasonable price reference in the value pricing of Chinese patent medicine.By constructing an indicator system for the characteristics of Chinese patent medicine,it selects and measures the value characteristic variables that affect the price of Chinese patent medicine.It serves as the theoretical foundation and research basis for establishing a Hedonic price model between characteristic price variables and negotiation prices,thereby promoting the enhancement of rationality and objectivity in value-guided pricing of Chinese patent medicine.
Keywords：Hedonic Modelcharacteristic pricingtraditional Chinese patent medicinevalue pricing
Publication Date：2024-05-05
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：5( 68-71,78 )