Relationships between economic theory variables and mathematical instruments for assessing competition conditions and market power

Autores

  • Jacques Lartigue-Mendoza Universidade Anáhuac México
  • Salomón Domínguez De La Cruz Universidade Anáhuac México

Palavras-chave:

Competition conditions, market power, market concentration, competitive markets

Resumo

The sole existence of a market does not guarantee the maximum level of efficiency and social welfare it can provide through a competitive structure. As a result, a set of theoretical relationships and mathematical instruments have been developed to measure how far existing markets are from being competitive; as well as how much power firms have for setting prices and earn more than they would do in competitive markets. In this line, the current paper discusses and integrates diverse theoretical relationships and mathematical instruments underlying the assessment of competition conditions and market power and exhibits how the estimation of these instruments can be simplified to require only two variables: market shares and the price elasticity of demand.

Biografia do Autor

Jacques Lartigue-Mendoza, Universidade Anáhuac México

Professor/pesquisador da Faculdade de Negócios e Economia da Universidade Anáhuac México, membro do Sistema Nacional de Pesquisadores do CONAHCYT e especialista em questões econômicas da Autoridade Judicial Federal do México. Graduado em Ph.D. em economia pela Universidade Estadual de Nova York (SUNY) em Stony Brook e mestre em Economia pela Universidad de Guadalajara.

Salomón Domínguez De La Cruz, Universidade Anáhuac México

Ph.D. em Ciências Matemáticas pela Universidad Nacional Autónoma de México e é professor de pesquisa na Universidad Anáhuac, México desde 2018. Desenvolveu pesquisas teóricas em matemática abstrata (álgebras de cluster) e pesquisa aplicada em economia (economia do trabalho). Suas áreas de interesse em economia são inclusão financeira, economia do trabalho e competição econômica.

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Publicado

2024-09-05

Edição

n. 33 (2024): N° 33: ENE-JUN 2024

Seção

Original reflection article

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