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Antoine Augustin Cournot: The Pioneer of Modern Economic Ideas

Hossain, Md. Mobarak and Chowdhury, Md Niaz Murshed (2018): Antoine Augustin Cournot: The Pioneer of Modern Economic Ideas.

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Abstract

Augustin Cournot, an unsung pioneer of many economic ideas during his time, who has written the book, Theory of Wealth, where he developed many economic ideas including the oligopoly theory, doupoly model, the ideas of function and probability into economic analysis. This paper discusses the way he thought the economics should be analyzed as well as his life cycle.

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