Celebrating the 150th anniversary of Cournot's work, which Mark Blaug has characterized as 'a book that for sheer originality and boldness of conception has no equal in the history of economics thought', this volume focuses on the properties and uses of Cournot's model of competition among the few. While there are many issues that Cournot explored in researches into the mathematical principles of the theory of wealth, the topic that he is most readily associated with - and which now is also enjoying a revival - is his model of oligopolistic interaction among firms. This revival of interest in Cournot's model is due largely to increased emphasis by economists on capturing elements of imperfect competition and strategic behavior.
Celebrating the 150th anniversary of Cournot's work, which Mark Blaug has characterized as "..a book that for sheer originality and boldness of conception has no equal in the history of economics thou
First published in 1985 and strongly quantitative in flavour, Analytical Studies in Transport Economics presents work that was at the frontier of research in the field of transport economics. Written by some of the leading scholars in this field, it covers intercity freight and air passenger transport. The eight papers included cover a range of modelling approaches and address a variety of transport issues. They are all, however, concerned with the analysis of current issues - questions of industry productivity, optimal pricing and regulation, prediction of equilibrium, and the problems of competition. The collection is preceded by an invaluable 'Introduction and overview' by the editor. Provided to place the volume in context, this overview gives a brief review of the relevant literature and then endeavours to present the common results and findings which cut across the individual papers or approaches.
