Recherches sur les principes mathématiques de la théorie des richesses¶
Cournot, A. (1897). Recherches sur les principes mathématiques de la théorie des richesses. Researches into the Mathematical Principles of the Theory of Wealth.
Cited by¶
3 citations across 3 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Anti-Commons Tragedy
- Each holder, treating the others' royalties as fixed, prices its slice to capture as much surplus as it can — the holdout incentive — and because every holder reasons the same way, the summed royalties can exceed \(V\) even though a coordinated single owner would price the bundle to clear.
This sourceOriginates the complementary-monopoly (Cournot-complements) result (Chapter IX): independent owners of complementary goods each set prices that sum above the joint-optimal price, the formal engine of anticommons under-use.
- Each holder, treating the others' royalties as fixed, prices its slice to capture as much surplus as it can — the holdout incentive — and because every holder reasons the same way, the summed royalties can exceed \(V\) even though a coordinated single owner would price the bundle to clear.
- Price Elasticity
- Strategic Substitute
- Market price falls with total output: \(p = a - b(q_1 + q_2)\).
This sourceIntroduces the duopoly quantity-competition model with linear demand p = a − b(q1+q2), downward-sloping reaction functions, and the unique interior equilibrium q1 = q2 = (a−c)/(3b) — the canonical submodular game.
- Market price falls with total output: \(p = a - b(q_1 + q_2)\).
Verification¶
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