Harold Demsetz
Harold Demsetz was an American professor of economics at the University of California at Los Angeles (UCLA).
Career Journey
Background
- Born in
- Chicago
- Educated at
- Northwestern UniversityUniversity of Illinois Urbana–Champaign
- Awards
- 🏆 Fellow of the American Academy of Arts and Sciences🏆 Distinguished Fellow of the American Economic Association🏆 Clarivate Citation Laureates
- Doctoral Advisors
- 🎓 Richard Brooks Heflebower🎓 Robert H. Strotz
- Doctoral Students
- 📖 John Richard Lott, Jr.
Trending & Selected Quotes
Trending topics shown first"The view that now pervades much public policy economics implicitly presents the relevant choice as between an ideal norm and an existing "imperfect" institutional arrangement. This nirvana approach di…"
"Property rights develop to internalize externalities when the gains of internalization become larger than the cost of internalization. Increased internalization, in the main, results from changes in e…"
"The legal substructure is private; the use of payments to influence the behavior of others is neither prohibited nor frowned upon. But the ' frictions" that perfect decentralization assumes away, must…"
"Business firms, in which controlled cooperation takes place, are the first important implication of costly transactions. The laissez-faire filtering process, using the profit test, selects some of the…"
Works & Publications
No works or publications documented yet.
Timeline
1930
Born
Birth2019
Died
Death
Influenced By
Thinkers whose ideas shaped Harold's philosophy
No known influences documented.
Influenced
Thinkers whose work was shaped by Harold's ideas
No influenced thinkers documented yet.
Source Attribution
Information about Harold Demsetz is sourced from curated knowledge bases and cross-referenced for accuracy. Influence relationships are scored by thematic overlap and historical plausibility.

