The paper discusses the relation between the justly famous Hotelling’s [1929] paper on stability in competition and the corresponding passages of the often ignored Launhardt’s [1885] book, devoted to mathematical economics. Launhardt is sometimes credited for the anticipation of...

A simple general equilibrium model of imperfect competition is introduced with special attention given to the labour market. An extended Cournot equilibrium is defined for any money wage taken as given by the producers. Under some assumptions involuntary unemployment may arise, that is...

Partis tous deux d'une conception dynamique de l'équilibre comme état stationnaire d'un processus d'ajustement, Walras et Marshall débouchent sur des caractéristiques statiques differentes de l'éauilibre comme un état assurant la compatibilité des actions, pour le premier, la conformité...

The paper discusses the relation between the justly famous Hotelling’s [1929] paper on stability in competition and the corresponding passages of the often ignored Launhardt’s [1885] book, devoted to mathematical economics. Launhardt is sometimes credited for the anticipation of...

The principle of effective demand decomposes in two distinct propositions, one pertaining to the analysis of actual, the other to the analysis of equilibrium states. The authors suggest that Keynes' apparatus of aggregate supply and demand decomposes correspondingly in two pairs of aggregate...