Libertad para competir en el mercado: recursos, procesos y resultados

Javier Iguiñiz ()

Revista Economía, 2011, vol. 34, issue 68, 170-191

Abstract: We analyze three concepts of market competition. Although in each one of them one can appreciate the different aspects of freedom, they also contribute specially to some of them. We propose that the “neoclassical general equilibrium” mainly contributes to the discussion of the outcomes of an economic activity, the “barriers to entry” approach calls for a study of the resources necessary to compete and the “competition as a process” approach emphasizes the competitive activity itself. Moreover, as we move from the first onwards, enriching the meaning of competition, the possibility of losing opportunities to participate in the market becomes more evident. Entry and exit are part of the competitive process. Each concept of competition responds to theories that specify or allude to certain types and distribution of freedoms of maneuver of economic agents. Throughout this study we often quote Amartya Sen with the purpose of building bridges between the study of competition and the approach of “development as freedom”.

Keywords: Capabilities; Competition; Economic Freedom; Human Development; Institutions (search for similar items in EconPapers)
JEL-codes: D41 D6 O17 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://revistas.pucp.edu.pe/index.php/economia/article/view/2690/2634 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pcp:pucrev:y:2011:i:68:p:170-191

Access Statistics for this article

Revista Economía is currently edited by Luis García

More articles in Revista Economía from Fondo Editorial - Pontificia Universidad Católica del Perú Av. Universitaria 1801, San Miguel, Lima, Perú. Contact information at EDIRC.
Bibliographic data for series maintained by ().