Uncovering X-Efficiency: The Key to Unlocking Organizational Inefficiencies
The concept of X-efficiency is about finding ways to improve how organizations work more effectively. It was created by Leibenstein to address inefficiencies that are not just about technical issues. X-inefficiency focuses on non-allocative inefficiencies that can't be explained by other concepts like organizational or motivational inefficiency. The term 'X-inefficiency' was used to cover all the different elements involved in these inefficiencies.