Guerre et paix. Variations sur la notion de concurrence au siècle de Cournot
AbstractCournot 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
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): 55 (2004)
Issue (Month): 3 ()
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Find related papers by JEL classification:
- B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Stockholm School)
- D41 - Microeconomics - - Market Structure and Pricing - - - Perfect Competition
- D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
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