Antoine Augustin Cournot (August 28, – March 31, ) was a French mathematician and economist. He applied mathematics to the field of economics, not necessarily to produce numerical precision in a predictive fashion, but rather to provide clearer formulation of economic relationships.
Cournot's work, which included describing the behavior of monopolies and "duopolies" (the simplest type of oligopoly) using mathematical functions and graphing supply and demand as a function of price, is recognized as foundational in econometrics, a field that provides vital information for economic forecasting on the level of individual businesses as well as for national economies. Thus, Cournot's pioneering efforts allowed economics to develop in ways that enabled human society to maintain and develop healthy economic growth, and thus contributed to the well-being of all people.
Biography
Antoine Augustin Cournot was born on August 28, , in the small town of Gray (Haute-Saône) in France. He was educated in the schools of Gray until he was At 19, he enrolled in a mathematical preparatory course at a school in Besançon, and subsequently won entry into the École Normale Supé
Antoine-Augustin Cournot
(Gray, - París, ) Matemático, economista y filósofo francés. Dio una formulación algebraica a las teorías de David Ricardo sobre el cambio en su tratado Investigaciones sobre los principios matemáticos de la teoría de la riqueza (). Sus principales trabajos se refieren al cálculo de probabilidades. Escribió también Materialismo, vitalismo y racionalismo ().
Antoine-Augustin Cournot
Terminados los estudios universitarios y alcanzada la licenciatura en ciencias, Antoine-Augustin Cournot fue nombrado en profesor de análisis y de mecánica en la Universidad de Lyon, después rector de la Academia de Grenoble y posteriormente inspector general de estudios y rector de la Universidad de Dijon. Retirado en de la vida pública, y tras quedar ciego, sus últimos años transcurrieron, sin embargo, activamente, ayudado por un secretario.
Sus primeras memorias científicas fueron publicadas, entre y , en el Bulletin des sciences mathématiques, physiques et chimiques du Baron de Férussac. En publicó las Investigac
French philosopher, mathematician and economist, Augustin Cournot has been rightly hailed as one of the greatest of the Proto-Marginalists. The unique insights of his major economics work, Researches into the Mathematical Principles of Wealth () were without parallel. Although neglected in his time, the impact of Cournot work on modern economics can hardly be overstated. Augustin Cournot was born in the small town of Gray (Haute-Saône, Franche-Comte). He was educated at local schools until he was fifteen. Thereafter, for the next four years, he worked haphazardly as a clerk in a lawyer's office. Cournot directed his own studies throughout this time, concentrating mostly on philosophy and law. Inspired by the work of Laplace, Cournot realized that he had to learn mathematics if he was to pursue his philosophical aspirations. So, at the relatively ripe age of nineteen, Cournot enrolled in a mathematical preparatory course at a school in Besançon. He excelled at it and subsequently won entry into the École Normale Supérieure (ENS) in Paris in As it happens, the ENS was closed down in fo
Antoine Augustin COURNOT b. 28 August - d. 30 March Summary. Unacknowledged in his own times as founder of mathematical economics, Cournot was both mathematician and philosopher. He publicised the ideas of Bienaymé on the "variability of chances", and subjected the probability calculus to a perspicacious philosophical critique. Cournot was born at Gray, in the Franche-Comté (France); his father was a merchant descended from a long line of farmers. Antoine successfully completed his secondary studies at the Jesuit College of Gray between and with ease, thanks (as he said) to his wide reading. Among the books which he read we
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Antoine Augustin Cournot,
Cournot, Antoine Augustin
Copyright notice This article Antoine Augustin Cournot was adapted from an original article by Th. Martin, which appeared in StatProb: The Encyclopedia Sponsored by Statistics and Probability Societies. The original article ([ StatProb Source], Local Files: pdf | tex) is copyrighted by the author(s), the article has been donated to Encyclopedia of Mathematics, and its further issues are under Creative Commons Attribution Share-Alike License'. All pages from StatProb are contained in the Category StatProb.
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