Comment on Nomidis “Revisiting Cournot and Neoclassical Economicsâ€

Roberto Serrano

No 2023-003, Working Papers from Brown University, Department of Economics

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.

Date: 2023
New Economics Papers: this item is included in nep-com, nep-his and nep-hpe
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