X-Efficiency Theory: 1

  • Roger S. Frantz
Part of the Topics in Regulatory Economics and Policy Series book series (TREP, volume 2)


In the last chapter we examined data (seemingly) inconsistent with orthodox neoclassical theory, as well as Leibenstein’s initial attempt to provide a explanation for these data. In the next two chapters we will analyze this explanation—XE theory—in more detail.1


Effort Level Indifference Curve Employment Contract Work Pattern Contract Curve 
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Copyright information

© Kluwer Academic Publishers, Boston 1988

Authors and Affiliations

  • Roger S. Frantz
    • 1
  1. 1.San Diego State UniversitySan DiegoUSA

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