Assertion: technical efficiency | /r/HasProperty | frustrated in reality
Facets:
value: by organizations
type: OTHER
value: by people
type: OTHER
Source sentences:
text: According to hetwebsite.net: “Harvey Leibenstein is most famous for introducing the “x-efficiency” concept (1966), roughly a catch-all term for the notion that ideal technical efficiency is frustrated in reality by people and organizations, due to a variety of factors, such as institutional frictions, missing markets and lack of information.