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[fre] Entendu dans un sens un large, l'héritage de Cournot pour les économistes consiste (i) en ce qu'il a montré comment utiliser de manire générale les mathématiques pour développer des théories économiques, au lieu d'avoir recours des exemples reposant sur des formes fonctionnelles...
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This paper contrasts consumer choice under uncertain lifetimes with the behavior that would arise if each individual's lifetime were announced at birth. In a model that includes life insurance and excludes investments in human capital, the expected utility under uncertain lifetimes exceeds that...
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A very general model with which many theories of oligopolistic behavior might be tested would be a useful tool for economists. In the first part of this paper a model is proposed for this role. The model is not developed in the fullest degree of generality, but is presented in the way most...
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This article analyzes advertising in an n-firm infinite horizon, differentiated products oligopoly. The firms all choose output and advertising levels in each period, and are assumed to behave noncooperatively. Advertising is characterized in a manner similar to capital: the effects of money...
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