Max O. Lorenz
✓ Source-basedstableAmerican economist (1876-1959)
Max Otto Lorenz was an American economist who developed the Lorenz curve in an undergraduate essay. He published a paper on this when he was a doctoral student at the University of Wisconsin-Madison.
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Max Otto Lorenz was an American economist who developed the Lorenz curve in an undergraduate essay. He published a paper on this when he was a doctoral student at the University of Wisconsin-Madison. His doctoral thesis (1906) was on 'The Economic Theory of Railroad Rates' and made no reference to perhaps his most famous paper. The term "Lorenz curve" for the measure Lorenz invented was coined by Willford I. King in 1912.
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