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Equilibrio General No Competitivo Con Formación Endógena De Precios

Author

Listed:
  • Edgar Villa

    (Universidad Externado de Colombia)

  • Julián Arévalo

    (Universidad Externado de Colombia)

  • Angélica Castro

    (Universidad Externado de Colombia)

Abstract

This article presents an equilibrium concept that, contrary to the traditional walrasian one, allows for the unbalance between supply and demand in different markets, making easier the analysis of those situations in which they differ persistently, as in the case of the labor market. Furthermore, the process of price setting becomes endogenous and it is shown that an equilibrium with endogenous price setting is a particular case of an equilibrium of fixed prices. Toward the end some examples are presented which help us to sustain these arguments.

Suggested Citation

  • Edgar Villa & Julián Arévalo & Angélica Castro, 2005. "Equilibrio General No Competitivo Con Formación Endógena De Precios," Microeconomics 0502005, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpmi:0502005
    Note: Type of Document - pdf; pages: 37
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/0502/0502005.pdf
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    Cited by:

    1. Julián Arévalo & Angélica Castro & Édgar Villa, 2002. "Un análisis del ciclo económico en competencia imperfecta," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 4(7), pages 11-39, July-Dece.

    More about this item

    Keywords

    Equilibrio No-Walrasiano; Formación de Precios;

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D2 - Microeconomics - - Production and Organizations
    • D3 - Microeconomics - - Distribution
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

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