The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Cournot, Antoine Augustin (1801–1877)

  • Martin Shubik
Reference work entry


Cournot was born at Gray (Haute-Saône) on 28 August 1801 and died in Paris on 30 March 1877. Until the age of 15 his education was at Gray. After studying at Besançon he was admitted to the Ecole Normale Supérieure in Paris in 1821. In 1823 he obtained his licentiate in sciences and in October of that year was employed by Marshal Gouvion-Saint-Cyr as literary adviser to the Marshal and tutor to his son. In 1829 he obtained his doctorate in science with a main thesis in mechanics and a secondary one in astronomy. Through the sponsorship of Poisson in 1834 he obtained the professorship in analysis and mechanics at Lyon.


Bertrand, J. L. F. Chamberlin, E. H. Chance Cournot, A. A. Edgeworth cycle Entry Equation of exchange Jevons, W. S. Large group equilibrium Law of demand Marshall, A. Mathematical economics Monopolistic competition Monopoly Non-cooperative equilibrium Objective and subjective probability Oligopolistic competition Oligopoly Price as a strategic variable Probability Product differentiation Quantity as a strategic variable Silver standard Supply and demand Uncertainty Unlimited competition Value in exchange Walras, L. Wealth 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Martin Shubik
    • 1
  1. 1.