The ability of a firm to get maximum output from its inputs. Failure to do so, called X-inefficiency or technical inefficiency, may be due to lack of incentives provided by competition. Improvement in X-efficiency is one hypothesized source of gain from trade. Term is due to Leibenstein (1966).
Related information about x-efficiency:
- X-inefficiency - Wikipedia, the free encyclopedia
X-Efficiency", American Economic Review 56 (3): 392–415. Retrieved from "http:// en.wikipedia.org/w/index.php?title=X-inefficiency&oldid=522925149" ...
- X-Efficiency Definition | Investopedia
The degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the neoclassical theory of economics, under ...
- What is x-efficiency? definition and meaning
Definition of x-efficiency: The ability of a firm to get maximum output from its inputs. ... Improvement in X-efficiency is one hypothesized source of gain from trade.
- "X-Efficiency" Harvey Leibenstein - Montclair State University
Allocative Efficiency vs. "X-Efficiency". Harvey Leibenstein. The American Economic Review, Volume 56, Issue 3 (Jun., 1966), 392-415. Your use of the JSTOR ...
- MONOPOLY AND X- EFFICIENCY
The concept of X-Efficiency rejects the technical efficiency notion of profit maximising and cost minimising. Liebenstein (1966) argued that individual workers are ...
- X-Efficiency: Definition from Answers.com
X-Efficiency The degree of efficiency maintained by individuals and firms under conditions of imperfect competition. According to the neoclassical.
- The Xistence of X-Efficiency - JStor
The Xistence of X-Efficiency. By GEORGE J. STIGLER*. Harvey Leibenstein called attention in an influential article (1966) to a source of eco- nomic inefficiency ...
- Allocative Efficiency vs. "X-Efficiency" Harvey Leibenstein The ...
Jan 29, 2007 ... Allocative Efficiency vs. "X-Efficiency". Harvey Leibenstein. The American Economic Review, Vol. 56, No. 3. (Jun., 1966), pp. 392-415.