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Hotelling, Harold

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Hotelling, HaroldHarold Hotelling

(1895-1973)

Harold Hotelling was an American economist. Professor of Economics at Columbia University, and Professor of Mathematical Statistics at the University of North Carolina. Hotelling established the case for marginal cost-pricing in public utilities in his article The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates published in 1938 in the journal Econometrica.