IDEAS home Printed from https://ideas.repec.org/a/taf/eujhet/v19y2012i6p852-867.html
   My bibliography  Save this article

Two views of competition: “Is it peace or war?”

Author

Listed:
  • Rodolphe Dos Santos Ferreira

Abstract

On the basis of the 19th century mathematical economics literature initiated by Cournot, the paper shows the coexistence of two contrasting views of competition, which may be associated, as already suggested by Edgeworth, with the two themes of peace and war. According to the first view (Jevons, Walras, Marshall), competition is characterised, independently of market structure, by the peaceful price taking conduct of consumers and producers. Rivalry is not completely absent, but it concerns the interaction of mediating professional dealers. According to the second view (Bertrand, Launhardt), competition appears as an aggressive strategic interaction between producers.

Suggested Citation

  • Rodolphe Dos Santos Ferreira, 2012. "Two views of competition: “Is it peace or war?”," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 19(6), pages 852-867, December.
    • Handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:852-867
    DOI: 10.1080/09672567.2012.735685
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09672567.2012.735685
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09672567.2012.735685?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jevons, William Stanley, 1871. "The Theory of Political Economy," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number jevons1871.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gianni Vaggi, 2018. "Development Finance in the age of Financial Mercantilism," DEM Working Papers Series 157, University of Pavia, Department of Economics and Management.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Andrew Lynn, 2022. "Ethics, Economics, and the Specter of Naturalism: The Enduring Relevance of the Harmony Doctrine School of Economics," Journal of Business Ethics, Springer, vol. 178(3), pages 661-673, July.
    2. Antoinette Baujard, 2016. "Utilitarianism and anti-utilitarianism," Chapters, in: Gilbert Faccarello & Heinz D. Kurz (ed.), Handbook on the History of Economic Analysis Volume III, chapter 40, pages 576-588, Edward Elgar Publishing.
    3. Böckers, Veit & Heimeshoff, Ulrich, 2014. "The extent of European power markets," Energy Economics, Elsevier, vol. 46(C), pages 102-111.
    4. Yoann Verger, 2015. "Sraffa and ecological economics: review of the literature," Working Papers hal-01182894, HAL.
    5. Gabriel Leite Mota, 2022. "Unsatisfying ordinalism: The breach through which happiness (re)entered economics," Regional Science Policy & Practice, Wiley Blackwell, vol. 14(3), pages 513-528, June.
    6. Neri Salvadori & Rodolfo Signorino, 2016. "Competition," Chapters, in: Gilbert Faccarello & Heinz D. Kurz (ed.), Handbook on the History of Economic Analysis Volume III, chapter 6, pages 70-81, Edward Elgar Publishing.
      • Salvadori, Neri & Signorino, Rodolfo, 2011. "Competition," MPRA Paper 38387, University Library of Munich, Germany.
    7. Amir, Shmuel, 1995. "Welfare maximization in economic theory: Another viewpoint," Structural Change and Economic Dynamics, Elsevier, vol. 6(3), pages 359-376, August.
    8. Böheim, René & Hackl, Franz & Hölzl-Leitner, Michael, 2021. "The impact of price adjustment costs on price dispersion in e-commerce," International Journal of Industrial Organization, Elsevier, vol. 77(C).
    9. Klaus Wälde & Agnes Moors, 2016. "Current Emotion Research in Economics," Working Papers 1612, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    10. Luigino Bruni & Robert Sugden, 2013. "Reclaiming Virtue Ethics for Economics," Journal of Economic Perspectives, American Economic Association, vol. 27(4), pages 141-164, Fall.
    11. David Simpson, 2013. "The Rediscovery of Classical Economics," Books, Edward Elgar Publishing, number 15080.
    12. Meacci, Ferdinando, 1997. "On Working and Circulating Capital," MPRA Paper 11763, University Library of Munich, Germany, revised 23 Dec 2008.
    13. Vind, Karl, 1995. "Perfect competition or the core," European Economic Review, Elsevier, vol. 39(9), pages 1733-1745, December.
    14. Bigoni, Maria & Dragone, Davide & Luchini, Stéphane & Prati, Alberto, 2021. "Estimating Time Preferences for Leisure," IZA Discussion Papers 14590, Institute of Labor Economics (IZA).
    15. Martin Machay, 2012. "The Principle of Population for the 21st Century: The Never Coming Stationary State," MENDELU Working Papers in Business and Economics 2012-18, Mendel University in Brno, Faculty of Business and Economics.
    16. Daniel McFadden, 2014. "The new science of pleasure: consumer choice behavior and the measurement of well-being," Chapters, in: Stephane Hess & Andrew Daly (ed.), Handbook of Choice Modelling, chapter 2, pages 7-48, Edward Elgar Publishing.
    17. Guilhem Lecouteux & Léonard Moulin, 2013. "From welfare to preferences, do decision flaws matter? The case of tuition fees," Working Papers hal-00807687, HAL.
    18. Stefka Koeva, 2006. "The Modern Political Economy: Traditional Approaches and New Directions," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 72-88.
    19. Missemer, Antoine & Nadaud, Franck, 2020. "Energy as a factor of production: Historical roots in the American institutionalist context," Energy Economics, Elsevier, vol. 86(C).
    20. Stuart Holland & Teresa Carla Oliveira, 2013. "Missing Links: Hume, Smith, Kant and Economic Methodology," Economic Thought, World Economics Association, vol. 2(2), pages 1-46, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:eujhet:v:19:y:2012:i:6:p:852-867. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REJH20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.