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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]

Author

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  • 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.

Suggested Citation

  • Herrera Saavedra, Juan Pablo & Lis-Gutiérrez, Jenny-Paola, 2012. "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]
    ," MPRA Paper 44464, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:44464
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    File URL: https://mpra.ub.uni-muenchen.de/44464/1/MPRA_paper_44464.pdf
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    References listed on IDEAS

    as
    1. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D18 - Microeconomics - - Household Behavior - - - Consumer Protection
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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