Antoine Augustin Cournot
French mathematician and philosopher
Born
Died
Category
Thinkers & Philosophers
Country
France
Links & References
This mathematician and philosopher contributed significantly to the fields of mathematics and economics. Cournot formulated the Cournot model of oligopoly, which examines how firms in an industry compete on quantity. He published the book 'Researches into the Mathematical Principles of the Theory of Wealth' in 1838, establishing important foundations for the field of mathematical economics. His work also explored probability and statistics, positioning him as a key figure in early economic theory and its mathematical applications.
Developed the Cournot model of oligopoly
Authored 'Researches into the Mathematical Principles of the Theory of Wealth'
Contributed to the fields of probability and statistics
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