John Maurice Clark
John Maurice Clark (born November 30, 1884 in Northampton , Massachusetts , † June 27, 1963 in Westport , Connecticut ) was an American economist .
He was the son of the American economist John Bates Clark .
Clark is considered the founder of the theory of workable competition ( English Workable Competition ). This presupposes the measurability of the market price of a monopolist's products . However, Harvey Leibenstein was able to show with his X inefficiencies that this measurement is very difficult. In addition, John M. Clark presented the antidote thesis in 1939 .
Clark was elected to the American Academy of Arts and Sciences in 1934 . Two years later he was the American Economic Association as president-elect before. Since 1944 he was a member of the American Philosophical Society .
literature
- John Maurice Clark: Toward a Concept of Workable Competition . In: The American Economic Review . tape 30 , no. 2 , 1940, p. 241-256 .
- Harvey Leibenstein: Allocative Efficiency vs. "X-Efficiency" . In: The American Economic Review . tape 56 , no. 3 , 1966, pp. 392-415 .
Web links
- John Maurice Clark. In: Encyclopedia of World Biography. 2004, accessed March 8, 2015 .
Individual evidence
- ^ Past and Present Officers. aeaweb.org ( American Economic Association ), accessed October 31, 2015 .
- ^ Member History: John M. Clark. American Philosophical Society, accessed June 20, 2018 .
| personal data | |
|---|---|
| SURNAME | Clark, John Maurice |
| BRIEF DESCRIPTION | American economist |
| DATE OF BIRTH | November 30, 1884 |
| PLACE OF BIRTH | Northampton , Massachusetts |
| DATE OF DEATH | June 27, 1963 |
| Place of death | Westport , Connecticut |