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Antoine Augustin Cournot

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33: 318:, who thought that randomness and causality had nothing to do with each other, Cournot united the concepts, defining randomness as the encounter of two independent causal series. This definition allows randomness even in perfectly deterministic events, and is used to generate random numbers by the combination of unrelated signals (for instance, temperature and sound). 202:
in 1823 he took a license degree in mathematics at Sorbonne University. He then became the private secretary of a field marshal who required assistance in writing his memoirs. This position left Cournot with considerable time for his own pursuits. In the course of his ten years in the field marshal's
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was published, in which he used the application of the formulas and symbols of mathematics in economic analysis. This book was strongly criticized and scarcely successful during Cournot's lifetime. He attempted nonetheless to rewrite it twice. It is influential in economics today. Today many
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Cournot believed that economists must utilize the tools of mathematics only to establish probable limits and to express less stable facts in more absolute terms. He further held that the practical uses of mathematics in economics do not necessarily involve strict numerical precision.
815:"Review of Researches into the Mathematical Principles of the Theory of Wealth.; A Brief Introduction to the Infinitesimal Calculus, Designed Especially to Aid in Reading Mathematical Economics and Statistics, Irving Fisher" 208: 203:
employment he took two doctoral degrees, one in mechanics and one in astronomy. In addition, he published a number of articles and even acquired a degree in law.
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Subsequently, Cournot held positions as professor of mathematics, chief examiner for undergraduate students, and rector of
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economists believe this book to be the point of departure for modern economic analysis. Cournot introduced the ideas of
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and was the first to draw supply and demand curves on a graph , anticipating the work of
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model developed in his book also introduced the concept of a (pure strategy)
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In the field of economics he is best known for his work in the field of
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into economic analysis. He derived the first formula for the rule of
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Researches into the Mathematical Principles of the Theory of Wealth
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In 1821 he entered one of the most prestigious Grandes Écoles, the
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Cournot was mainly a mathematician, but had some influence in
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Antoine Augustin Cournot was born on August 28, 1801 at Gray,
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Researches on Mathematical Principles of the Theory of Wealth
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Cahiers d'économie politique / Papers in Political Economy
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By the time Cournot died in 1877, he was nearly blind.
685:. Princeton: Princeton university press. p. 146. 714:, London: Macmillan Education UK, pp. 215–236, 706:Koutsoyiannis, A. (1979), Koutsoyiannis, A. (ed.), 314:, who thought that nothing happens by chance, and 1027: 1051: 913:Intermediate Microeconomics: A Modern Approach 441:Ekelund, Robert B.; Hébert, Robert F. (1990). 705: 636:"The Personality of Antoine Augustin Cournot" 440: 991:For an early 20th century evaluation see: 940: 31: 812: 992: 584:"L'Oeuvre Économique d'Augustin Cournot" 393: 1039:MacTutor History of Mathematics Archive 972: 934: 765: 1052: 906: 859: 680: 487: 346: 239:are still prevalent. In 1838 the book 175:who contributed to the development of 975:Augustin Cournot: Modelling Economics 674: 633: 162: 973:Touffut, Jean-Philippe, ed. (2007). 629: 627: 625: 349:"Cournot and Mathematical Economics" 581: 534: 13: 1085:19th-century French mathematicians 966: 640:The Quarterly Journal of Economics 490:"Tragedies in the Life of Cournot" 353:The Quarterly Journal of Economics 16:French economist and mathematician 14: 1116: 1013: 999:"Cournot, Antoine Augustin"  749:Antoine Augustin Cournot (1897). 622: 537:"Cournot et l'école mathématique" 1105:19th-century French male writers 1095:Burials at Montparnasse Cemetery 1075:19th-century French philosophers 396:"The Legacy of Augustin Cournot" 1090:École Normale Supérieure alumni 900: 853: 806: 759: 742: 1070:19th-century French economists 1020:"Antoine Augustin Cournot" in 699: 575: 528: 481: 434: 387: 340: 1: 1080:People from Gray, Haute-Saône 333: 328:Hotelling's linear city model 294: 264:by roughly thirty years. The 977:. Cheltenham: Edward Elgar. 772:Journal of Political Economy 291:, which is named after him. 276:and best-response dynamics. 222: 198:, and, according to Sandmo: 182: 164:[ɑ̃twanoɡystɛ̃kuʁno] 7: 720:10.1007/978-1-349-16077-8_9 394:Friedman, James W. (2000). 321: 10: 1121: 1034:"Antoine Augustin Cournot" 918:W. W. Norton & Company 862:"Cournot Forty Years Ago" 813:Edgeworth, F. Y. (1898). 708:"Non-Collusive Oligopoly" 447:Southern Economic Journal 149: 139: 125: 118: 104: 94: 86: 64: 39: 30: 23: 1044:University of St Andrews 634:Moore, Henry L. (1905). 196:École Normale Supérieure 156:Antoine Augustin Cournot 25:Antoine Augustin Cournot 1100:Mathematical economists 1005:Encyclopædia Britannica 860:Fisher, Irving (1938). 766:Merritt, F. D. (1898). 347:Fisher, Irving (1898). 312:Pierre-Simon de Laplace 217: 681:Sandmo, Agnar (2011). 488:Nichol, A. J. (1938). 205: 144:University of Grenoble 712:Modern Microeconomics 412:10.3406/cep.2000.1287 200: 1030:Robertson, Edmund F. 916:(Seventh ed.). 819:The Economic Journal 1028:O'Connor, John J.; 1022:New School Profiles 289:Cournot competition 109:Cournot competition 99:Sorbonne University 683:Economics evolving 582:Roy, René (1939). 535:Roy, René (1933). 299:Cournot worked on 231:. His theories on 984:978-1-84720-654-1 729:978-1-349-16077-8 303:(in physics) and 274:reaction function 256:as a function of 254:supply and demand 153: 152: 120:Scientific career 1112: 1046: 1009: 1001: 988: 960: 958: 956: 954: 947:encyclo-philo.fr 941:Thierry Martin. 938: 932: 931: 904: 898: 897: 857: 851: 850: 810: 804: 803: 763: 757: 756: 746: 740: 739: 738: 736: 703: 697: 696: 678: 672: 671: 631: 620: 619: 579: 573: 572: 532: 526: 525: 485: 479: 478: 438: 432: 431: 391: 385: 384: 344: 270:Nash equilibrium 166: 161: 71: 49: 47: 35: 21: 20: 1120: 1119: 1115: 1114: 1113: 1111: 1110: 1109: 1050: 1049: 1016: 985: 969: 967:Further reading 964: 963: 952: 950: 939: 935: 928: 920:. p. 490. 905: 901: 878:10.2307/1907051 858: 854: 831:10.2307/2956713 825:(29): 111–114. 811: 807: 764: 760: 747: 743: 734: 732: 730: 704: 700: 693: 679: 675: 652:10.2307/1882658 632: 623: 600:10.2307/1906836 580: 576: 553:10.2307/1912227 533: 529: 506:10.2307/1907050 486: 482: 459:10.2307/1060484 439: 435: 392: 388: 365:10.2307/1882115 345: 341: 336: 324: 297: 266:Cournot duopoly 262:Alfred Marshall 225: 220: 185: 159: 132: 111: 95:Alma mater 82: 73: 69: 60: 51: 45: 43: 26: 17: 12: 11: 5: 1118: 1108: 1107: 1102: 1097: 1092: 1087: 1082: 1077: 1072: 1067: 1062: 1048: 1047: 1025: 1015: 1014:External links 1012: 1011: 1010: 996:, ed. (1911). 994:Chisholm, Hugh 989: 983: 968: 965: 962: 961: 933: 926: 908:Varian, Hal R. 899: 872:(3): 198–202. 852: 805: 784:10.1086/250526 778:(3): 426–430. 758: 741: 728: 698: 691: 673: 646:(3): 370–399. 621: 594:(2): 134–144. 574: 527: 500:(3): 193–197. 480: 453:(1): 139–149. 433: 386: 359:(2): 119–138. 338: 337: 335: 332: 331: 330: 323: 320: 296: 293: 224: 221: 219: 216: 184: 181: 151: 150: 147: 146: 141: 137: 136: 127: 123: 122: 116: 115: 106: 105:Known for 102: 101: 96: 92: 91: 88: 84: 83: 74: 72:(aged 75) 66: 62: 61: 52: 50:28 August 1801 41: 37: 36: 28: 27: 24: 15: 9: 6: 4: 3: 2: 1117: 1106: 1103: 1101: 1098: 1096: 1093: 1091: 1088: 1086: 1083: 1081: 1078: 1076: 1073: 1071: 1068: 1066: 1063: 1061: 1058: 1057: 1055: 1045: 1041: 1040: 1035: 1031: 1026: 1024: 1023: 1018: 1017: 1007: 1006: 1000: 995: 990: 986: 980: 976: 971: 970: 948: 944: 943:"Cournot (A)" 937: 929: 923: 919: 915: 914: 909: 903: 895: 891: 887: 883: 879: 875: 871: 867: 863: 856: 848: 844: 840: 836: 832: 828: 824: 820: 816: 809: 801: 797: 793: 789: 785: 781: 777: 773: 769: 762: 754: 753: 745: 731: 725: 721: 717: 713: 709: 702: 694: 692:9780691148427 688: 684: 677: 669: 665: 661: 657: 653: 649: 645: 641: 637: 630: 628: 626: 617: 613: 609: 605: 601: 597: 593: 589: 585: 578: 570: 566: 562: 558: 554: 550: 546: 542: 538: 531: 523: 519: 515: 511: 507: 503: 499: 495: 491: 484: 476: 472: 468: 464: 460: 456: 452: 448: 444: 437: 429: 425: 421: 417: 413: 409: 406:(37): 31–46. 405: 401: 397: 390: 382: 378: 374: 370: 366: 362: 358: 354: 350: 343: 339: 329: 326: 325: 319: 317: 313: 308: 306: 302: 292: 290: 286: 281: 277: 275: 271: 267: 263: 259: 255: 251: 247: 242: 238: 234: 230: 215: 212: 210: 209:Dijon Academy 204: 199: 197: 192: 190: 180: 178: 174: 173:mathematician 170: 165: 157: 148: 145: 142: 138: 135: 131: 128: 124: 121: 117: 114: 110: 107: 103: 100: 97: 93: 89: 85: 81: 77: 68:31 March 1877 67: 63: 59: 55: 42: 38: 34: 29: 22: 19: 1037: 1021: 1003: 974: 951:. 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Macmillan. 751: 744: 733:, retrieved 711: 701: 682: 676: 643: 639: 591: 588:Econometrica 587: 577: 547:(1): 13–22. 544: 541:Econometrica 540: 530: 497: 494:Econometrica 493: 483: 450: 446: 436: 403: 399: 389: 356: 352: 342: 309: 298: 282: 278: 240: 226: 213: 206: 201: 193: 186: 155: 154: 140:Institutions 119: 70:(1877-03-31) 18: 1065:1877 deaths 1060:1801 births 949:(in French) 301:determinism 250:probability 189:Haute-Saône 169:philosopher 134:Mathematics 87:Nationality 1054:Categories 953:16 January 927:0393927024 334:References 295:Philosophy 233:monopolies 46:1801-08-28 910:(2006) . 886:0012-9682 839:0013-0133 792:0022-3808 660:0033-5533 608:0012-9682 561:0012-9682 514:0012-9682 467:0038-4038 420:0154-8344 373:0033-5533 316:Aristotle 285:oligopoly 246:functions 237:duopolies 229:economics 223:Economics 183:Biography 177:economics 130:Economics 113:Oligopoly 428:43107480 322:See also 287:theory, 894:1907051 847:2956713 800:1819059 735:2 March 668:1882658 616:1906836 569:1912227 522:1907050 475:1060484 381:1882115 310:Unlike 160:French: 981:  924:  892:  884:  845:  837:  798:  790:  726:  689:  666:  658:  614:  606:  567:  559:  520:  512:  473:  465:  426:  418:  379:  371:  305:chance 272:, the 126:Fields 90:French 80:France 58:France 890:JSTOR 843:JSTOR 796:JSTOR 664:JSTOR 612:JSTOR 565:JSTOR 518:JSTOR 471:JSTOR 424:JSTOR 377:JSTOR 258:price 76:Paris 979:ISBN 955:2017 922:ISBN 882:ISSN 835:ISSN 788:ISSN 737:2022 724:ISBN 687:ISBN 656:ISSN 604:ISSN 557:ISSN 510:ISSN 463:ISSN 416:ISSN 369:ISSN 248:and 235:and 218:Work 171:and 65:Died 54:Gray 40:Born 874:doi 827:doi 780:doi 716:doi 648:doi 596:doi 549:doi 502:doi 455:doi 408:doi 361:doi 1056:: 1042:, 1036:, 1032:, 1002:. 945:. 888:. 880:. 868:. 864:. 841:. 833:. 821:. 817:. 794:. 786:. 774:. 770:. 722:, 710:, 662:. 654:. 644:19 642:. 638:. 624:^ 610:. 602:. 590:. 586:. 563:. 555:. 543:. 539:. 516:. 508:. 496:. 492:. 469:. 461:. 451:57 449:. 445:. 422:. 414:. 404:37 402:. 398:. 375:. 367:. 357:12 355:. 351:. 307:. 211:. 179:. 78:, 56:, 987:. 959:. 957:. 930:. 896:. 876:: 870:6 849:. 829:: 823:8 802:. 782:: 776:6 718:: 695:. 670:. 650:: 618:. 598:: 592:7 571:. 551:: 545:1 524:. 504:: 498:6 477:. 457:: 430:. 410:: 383:. 363:: 158:( 48:) 44:(

Index


Gray
France
Paris
France
Sorbonne University
Cournot competition
Oligopoly
Economics
Mathematics
University of Grenoble
[ɑ̃twanoɡystɛ̃kuʁno]
philosopher
mathematician
economics
Haute-Saône
École Normale Supérieure
Dijon Academy
economics
monopolies
duopolies
functions
probability
supply and demand
price
Alfred Marshall
Cournot duopoly
Nash equilibrium
reaction function
oligopoly

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