World Library  
Flag as Inappropriate
Email this Article

Harold Demsetz

Article Id: WHEBN0004009518
Reproduction Date:

Title: Harold Demsetz  
Author: World Heritage Encyclopedia
Language: English
Subject: New institutional economics, Law and economics, Vincent Ostrom, The American Economic Review, Transaction cost
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Harold Demsetz

Harold Demsetz
Born (1930-05-31) May 31, 1930
Chicago, Illinois
Nationality United States
Institution UCLA
University of Chicago
Field Managerial economics
School/tradition New institutional economics
Alma mater Northwestern University
University of Illinois
Influences Frank Knight
Armen Alchian
Ronald Coase
Aaron Director
George Stigler
Information at IDEAS/RePEc

Harold Demsetz (born May 31, 1930)[1] is a professor emeritus of economics at the University of California at Los Angeles (UCLA).

Career

Demsetz (1988) includes a short intellectual autobiography.

Demsetz grew up on the West Side of Chicago, the grandchild of immigrants from central and eastern Europe. He studied engineering, forestry, and philosophy at four universities before being awarded a B.A. (1953) in economics from the University of Illinois, and an MBA (1954) and a Ph.D. (1959) from Northwestern University. While a graduate student, he published an article each in Econometrica and the Journal of Political Economy.

Demsetz taught at the University of Michigan (1958–60), UCLA, 1960–63, and the Graduate School of Business at the University of Chicago, 1963–71. In 1971, he returned permanently to UCLA's Economics Department, which he chaired 1978–80. He held the Arthur Andersen UCLA Alumni Chair in Business Economics, 1986–95. He has been affiliated with the Center for Naval Analyses and the Hoover Institution.

Demsetz is a fellow of the American Academy of Arts and Sciences, a director of the Mont Pelerin Society, and a past (1996) president of the Western Economics Association.

Ideas

Demsetz belongs to the George Stigler.

Demsetz was the first to propose emissions trading as a way of giving polluters an economic incentive to reduce their emissions of pollutants. He coined the term "nirvana fallacy" in 1969.[2][3]

The 1972 Demsetz and [4]

Major publications

References

  1. ^ Istituto Giovanni Treccani, Rome (1938). "Enciclopedia italiana di scienze, lettere ed arti". 
  2. ^ Demsetz, Harold (1969), "Information and Efficiency: Another Viewpoint", Journal of Law & Economics 12: 1–22,  
  3. ^ http://www.cato-unbound.org/2007/08/06/peter-t-leeson/anarchy-unbound-or-why-self-governance-works-better-than-you-think/
  4. ^ http://pubs.aeaweb.org/doi/pdfplus/10.1257/aer.101.1.1

External links

  • Brief biography of Demsetz on the web site of UCLA's Economics Department.
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 



Copyright © World Library Foundation. All rights reserved. eBooks from World eBook Library are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.