Harvey Leibenstein
Harvey Leibenstein (born August 7, 1922 in Iwanopil , Ukraine , † February 28, 1994 in Cambridge , USA ) was an American economist .
Harvey Leibenstein taught at Harvard University from 1967 to 1987 . He introduced the term X-inefficiency , which describes the inflation of costs by monopolies when they lack competition . Leibenstein was able to show that it is very difficult to determine the "market price" of the products of a monopoly, with which, according to John Maurice Clark, the quality of the monopoly should be determined. The term X inefficiency is also used in bureaucracy theory.
Web links
- Obituary in the New York Times
- Harvey Leibenstein in the database of Find a Grave (English)
Individual evidence
- ↑ Harvey Leibenstein in the US Social Security Death Directory (SSDI), accessed October 4, 2018
| personal data | |
|---|---|
| SURNAME | Leibenstein, Harvey |
| BRIEF DESCRIPTION | American economist |
| DATE OF BIRTH | August 7, 1922 |
| PLACE OF BIRTH | Ivanopil |
| DATE OF DEATH | February 28, 1994 |
| Place of death | Cambridge |