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Comment on Nomidis “Revisiting Cournot and Neoclassical Economicsâ€

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  • Roberto Serrano

Abstract

This is a comment on Nomidis (2023). Using simple examples, the focus is on the conditions that lead to Cournot’s competitive limit result, showcasing the connections between the Cournot model and competitive equilibrium. Citing original sources, it is argued that the Neoclassical economists did not misunderstand Cournot, as Nomidis (2023) asserts.

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  • Roberto Serrano, 2023. "Comment on Nomidis “Revisiting Cournot and Neoclassical Economicsâ€," Working Papers 2023-003, Brown University, Department of Economics.
    • Handle: RePEc:bro:econwp:2023-003
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    1. Serrano,Roberto & Feldman,Allan M., 2018. "A Short Course in Intermediate Microeconomics with Calculus," Cambridge Books, Cambridge University Press, number 9781108439190, September.
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