John Maurice Clark

John Maurice Clark ( born November 30, 1884 in Northampton, Massachusetts, † June 27, 1963 in Westport, Connecticut ) was an American economist.

Clark is considered the founder of the theory of workable competition (English: Workable Competition). This implies the measurability of the market price of products of a monopolist. However, Harvey Leibenstein was able to show with his X - inefficiencies that this measurement is very difficult. John M. Clark presented beyond 1939, the antidote thesis.

Clark was the son of the American economist John Bates Clark.

Writings

  • Clark, JM, Toward a Concept of Workable Competition, The American Economic Review, Volume 30 { 2}, pp. 241-256, 1940.
  • Leibenstein, H., Allocative Efficiency vs.. "X- Efficiency", The American Economic Review, Volume 56 { 3}, pp. 392-415, 1966.
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