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Guerre et paix. Variations sur la notion de concurrence au siècle de Cournot

Author

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  • Rodolphe Dos Santos Ferreira

Abstract

Cournot develops a notion of competition with two essential characteristics: producers? non-cooperation and their coordination on a common price. Edgeworth adopts a cooperative approach while referring to another duality, recontracting and contract, which he associates with the antinomy war-peace. Both agree however to see in perfect competition no more than a limit case, where agents become insignificant. Jevons, by contrast, makes perfect competition into a rule extending to bilateral exchange, by carrying to the extreme the Cournotian principle of coordination on a common price, seen as non-manipulable. Walras takes over the same point of view, even if he acknowledges in competition the nature of a contest, although only during the ?tâtonnement?. Bertrand and Launhardt magnify on the contrary the warlike dimension of competition, conceived as a struggle for market share. Classification JEL : B13, D41, D43, L10

Suggested Citation

  • Rodolphe Dos Santos Ferreira, 2004. "Guerre et paix. Variations sur la notion de concurrence au siècle de Cournot," Revue économique, Presses de Sciences-Po, vol. 55(3), pages 543-556.
    • Handle: RePEc:cai:recosp:reco_553_0543
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    Cited by:

    1. Andrés Álvarez, 2010. "Early Neoclassical views on Monopoly: the Cournotian heritage," Revista Ecos de Economía, Universidad EAFIT, January.

    More about this item

    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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