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Competition in Maurice Allais’ works

Arnaud Diemer ()

Cahiers d’économie politique / Papers in Political Economy, 2012, issue 62, 75-115

Abstract: Competition is a keyword in the works of Maurice Allais. From analytical point of view, competition, as differentiated sector with multiple enterprises under perfect competition, coexist with a non-differentiated sector with single nationalized company. Moreover, competition is not spontaneous but organized by law. Planning competition allows for a balance between market’s forces and state’s regulation. From doctrinal point of view, competition is an alternative to laissez-faire and central planning. The works of Maurice Allais are presented in the intellectual context of his time (Lippmann, International Center for Renovation of Liberalism). In the footsteps of Walter Lippmann and Louis Rougier, Maurice Allais lays the foundations of a new economic liberalism based on competition rather than on private property (Jacques Rueff ).

Keywords: Dynamics; laissez-faire; planning competition; social yield. (search for similar items in EconPapers)
JEL-codes: B22 B24 B31 C50 D01 D40 D50 (search for similar items in EconPapers)
Date: 2012
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Handle: RePEc:cpo:journl:y:2012:i:62:p:75-115