Guerre et paix

Rodolphe Dos Santos Ferreira

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Abstract: 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.

Keywords: Prix commun; Cournot Augustin; Compétitivité (search for similar items in EconPapers)
Date: 2004
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Published in Revue Economique, 2004, 55 (3), pp.543-556. ⟨10.3917/reco.553.0543⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-00279336

DOI: 10.3917/reco.553.0543

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