The xistence of definitional economics-Stigler's and Leibenstein's war of the words

Craig Freedman*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)

Abstract

The inability to agree on definitions ultimately can condemn economic analysis and debate to fruitless argumentation. The sharp interchange between Stigler and Leibenstein did little to clarify the issues surrounding the controversial theory of X-efficiency. Given their conflicting agendas, discussion between these two opponents consisted largely of talking at cross purposes. This paper examines the motivations of the two protagonist as well as considering the impact such tactics have on economic debate and discussion.

Original languageEnglish
Pages (from-to)161-178
Number of pages18
JournalCambridge Journal of Economics
Volume26
Issue number2
DOIs
Publication statusPublished - 2002

Keywords

  • Allocative efficiency
  • Leibenstein
  • Stigler
  • X-efficiency

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