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Orris C. Herfindahl
American economist
Orris Clemens Herfindahl (June 15, 1918 in Parshall, North Dakota - December 16, 1972 while traveling in Nepal[1]) was an economist who studied natural resources.
However, he is mainly known as the inventor of a concentration index (the Herfindahl index) which he proposed in his 1950 doctoral dissertation on the steel industry while at Columbia University.[2][3][4] In fact a similar index (with the addition of a square root) was proposed earlier (in 1945) by Albert O.
Hirschman.[5] Thus, it is usually referred to as the Herfindahl-Hirschman Index.
Publications
References
- ^"Herfindahl, Orris Clemens". Library of Congress.
Retrieved 2015-04-06.
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- ^Orris C. Herfindahl (1950). Concentration in the steel industry. Joost Smits, Political Academy, Amsterdam (NL).
- ^Robert D. Hershey Jr. (1984-02-12). "Statistical Formula Used".
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New York Times. Retrieved 2015-04-06.