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Guerre et paix

Author

Listed:
  • Rodolphe dos Santos Ferreira

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

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.

Suggested Citation

  • Rodolphe dos Santos Ferreira, 2004. "Guerre et paix," Post-Print hal-00279336, HAL.
    • Handle: RePEc:hal:journl:hal-00279336
    DOI: 10.3917/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.

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