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

Listed author(s):
  • Rodolphe Dos Santos Ferreira

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

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Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 55 (2004)
Issue (Month): 3 ()
Pages: 543-556

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Handle: RePEc:cai:recosp:reco_553_0543
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