Orris C. Herfindahl Economist
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Orris C. Herfindahl is a member of the following lists: Columbia University alumni, 1918 births and 1972 deaths.
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Details
| Birthday |
15th June, 1918
|
| Birthplace |
Parshall, North Dakota
|
| Died |
16th December, 1972
|
| Zodiac Sign |
Gemini
|
| Occupation |
Economist
|
Orris Clemens Herfindahl (June 15, 1918 in Parshall, North Dakota - December 16, 1972 while traveling in Nepal) 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. In fact a similar index (with the addition of a square root) was proposed earlier (in 1945) by Albert O. Hirschman. Thus, it is usually referred to as the Herfindahl-Hirschman Index.
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