El funcionamiento de los mercados y sus principales distorsiones: un enfoque de equilibrio parcial

Mario Tello

No 2008-272, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: This paper presents in a simple way and using figures the partial economic analysis of how the market works. Under the normative analysis, using the Pareto efficiency concept, a series of the so called market failures or distortions are defined. Under, the positive analysis the effects of these distortions on the market and agents who participate in it are described. Distortions are grouped in three categories. The first called technologic or external distortions which are originated by sources outside of the control of 3 agents who participate in the market. The second called strategic behavior of firms which are originated by firms actions with regard to the market and their competitors. The third called internal to the market which are originated in the market environment where transactions takes places.

Keywords: mercados; distorsiones (search for similar items in EconPapers)
Pages: 119 pages
Date: 2008
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