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SMSN 958.0 7.1588% TYT 2543.0 0.0% SMSD 790.0 5.615% SMSN 943.0 5.481% RIGD 55.9 0.9025% RIGD 55.4 2.5926% SHEL 2308.0 -0.7739% AZN 10008.0 -0.0998% BHP 1709.0 3.076% HSBA 743.5 1.3357% ULVR 4671.0 2.2101% CYPC 40.8 1.41% RIO 4303.5 2.2695% LLPC 148.7 0.0% DGED 107.24 1.3898% BP 331.7 -2.8981% SBID 87.3 -0.2286% DGE 2053.0 -0.3398% GSK 1294.0 1.4902% REL 3737.0 0.1072%
SMSN 958.0 7.1588% TYT 2543.0 0.0% SMSD 790.0 5.615% SMSN 943.0 5.481% RIGD 55.9 0.9025% RIGD 55.4 2.5926% SHEL 2308.0 -0.7739% AZN 10008.0 -0.0998% BHP 1709.0 3.076% HSBA 743.5 1.3357% ULVR 4671.0 2.2101% CYPC 40.8 1.41% RIO 4303.5 2.2695% LLPC 148.7 0.0% DGED 107.24 1.3898% BP 331.7 -2.8981% SBID 87.3 -0.2286% DGE 2053.0 -0.3398% GSK 1294.0 1.4902% REL 3737.0 0.1072%

Home » Glossary

X-efficiency

Updated on August 29, 2023

The term was coined by Harvard Economist Harvey Leibenstein, who argued that a lack of competition between corporations results in inefficiencies to its labour input. It defines a firm?s failure to generate maximum output with the given input due to competitive forces.

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