Elasticidad precio de la demanda y su relevancia en materia de bienestar en un mercado monopolista

Price elasticity of demand and its relevance in terms of welfare in a monopolistic market

Juan Herrera Saavedra

MPRA Paper from University Library of Munich, Germany

Abstract: Este documento analiza a la luz de una situación monopólica, el efecto sobre el bienestar de los consumidores derivado de cambios en la magnitud de la elasticidad precio de la demanda. En el artículo se asume una función de demanda con elasticidad precio de la demanda constante y rendimientos constantes a escala asociados a la firma productora del bien o servicio. Se encuentra que entre más elástico sea el mercado, mayor será la porción de excedente del consumidor que es tomado por la firma, en términos relativos al excedente del consumidor en una situación perfectamente competitiva. This document analyzes since a monopolistic situation the effect in terms of consumer welfare derived of changes in the price elasticity of demand. The paper assumes a constant price elasticity of demand function and constant return of scale associated with the seller of the service of good firm. It is found that a greater level of elasticity, greater the level of profits of the monopolistic firm in relative terms to the consumer surplus in perfect competition.

Keywords: Monopoly; price elasticity of demand; computational simulation; welfare; consumer surplus. (search for similar items in EconPapers)
JEL-codes: D01 D11 D22 D42 D69 (search for similar items in EconPapers)
Date: 2013-04-30
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Working Paper: Elasticidad precio de la demanda y su relevancia en materia de bienestar en un mercado monopolista (2013)
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