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Una aproximación a indicadores diseñados para la medición de impacto en el bienestar del consumidor
[An Approach To Indicators Designed To Measure The Impact On Consumer Welfare]

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Author Info

  • Herrera Saavedra, Juan Pablo
  • Lis-Gutiérrez, Jenny-Paola

Abstract

This paper presents some theoretical foundations underlying the welfare analysis that can be established in order to quantify the impact on consumers, when an agent violates the rights of purchaser and such behavior is reflected in a price increase. This exercise allows us to conclude that if it is possible to recognize some degree of imperfect substitutability between goods and services, which may be chosen by the consumer, then the equivalent and compensated variations will be an overestimation and underestimation, respectively, of the change in consumer surplus. Este documento presenta algunos fundamentos teóricos que subyacen en el análisis de bienestar que puede establecerse en aras de cuantificar el impacto sobre el consumidor cuando un agente infringe los derechos del comprador, lo cual pueden traducirse en un incremento en los precios. El ejercicio permite concluir que siempre que pueda reconocerse algún grado de sustituibilidad imperfecta entre los bienes y servicios, susceptibles de ser elegidos por el consumidor, la variación equivalente y compensada serán una sobreestimación y una subestimación, respectivamente, del cambio en el excedente del consumidor. En el caso de bienes complementarios y sustitutos perfectos las medidas de medición de bienestar propuestas no son adecuadas.

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File URL: http://mpra.ub.uni-muenchen.de/44464/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 44464.

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Date of creation: 30 Oct 2012
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Handle: RePEc:pra:mprapa:44464

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Related research

Keywords: Welfare; consumer; exploitative behavior; equivalent variation; compensated variation; consumer surplus.;

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  1. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780195102680, October.
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