FACTOID # 29: 73.3% of America's gross operating surplus in motion picture and sound recording industries comes from California.
 
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Encyclopedia > Cournot

Antoine Augustin Cournot (28 August 180131 March 1877) was a French philosopher and mathematician.


He was born in Gray France and died in Paris France.


He authored such works as Considérations sur la Marche des Idées (1872) & Traité de L'Enchaînement des Idées Fondamentales dans les Sciences et dans L'Histoire (1881).


External links

  • "Antoine Augustin Cournot" in The MacTutor History of Mathematics Archive (http://www-gap.dcs.st-and.ac.uk/~history/Mathematicians/Cournot.html)

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Augustin Cournot (2345 words)
Cournot mathematically derives a deterministic solution as the quantities chosen by the rival producers are in accordance with each other's anticipated reactions.
Cournot tries to prove that there are conditions where the opening of trade will lead to a decline in the quantity of the good and lower revenue.
Cournot's influence on modern theory continues unabated, having been given a particular boost in the attempt to develop non-cooperative foundations for Walrasian general equilibrium theory (e.g.
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