Orris C. Herfindahl, Date of Birth, Date of Death

Orris C. Herfindahl

Date of Birth: 15-Jun-1918

Date of Death: 16-Dec-1972

Profession: economist

Zodiac Sign: Gemini

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.