Marshall and Pareto on Cournot’s Elasticity and on W. Thornton
Journal title STUDI ECONOMICI
Author/s Alberto Zanni
Publishing Year 2011 Issue 2010/102 Language English
Pages 12 P. 77-88 File size 611 KB
DOI 10.3280/STE2010-102003
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Pareto is ungenerous towards Cournot, even if not as much as Marshall. The author thus goes on and analyses a writing by Pareto (1875) on Thornton, brought to light in 2005. Since in 1875 Pareto does not know Marshall, while he has already in mind the concept of elasticity, the a. deduces that Pareto has no intellectual debt towards Marshall for what concerns the theory of comparative costs developed by Pareto in the <i>Manuale</i> (1906). The a. concludes saying that Pareto recognises all his main intellectual debts, except for Cournot. Baumol and Goldfield’s contrary opinion is due to a linguistic barrier.
Keywords: Marshall, Pareto, Cournot, elasticity, W. T. Thornton, economic analysis
Jel codes: B13
Alberto Zanni, Marshall and Pareto on Cournot’s <i>Elasticity</i> and on W. Thornton in "STUDI ECONOMICI " 102/2010, pp 77-88, DOI: 10.3280/STE2010-102003