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On the Cobb‐Douglas Functions in multiobjective optimization
Water Resources Research, 1978Properties of Pareto optimum solutions of multiobjective problems with Cobb‐Douglas production type functions were analyzed. This type of production function is widely used in economic theory and is therefore used in the related literature on water resources. It was found that under the defined conditions, every feasible point is a Pareto solution.
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Efficient Cobb-Douglas Production Function
The Central Asian Review of Economics and Policy, 2019In this paper, we present a function for the share of factors of output, which is in complete agreement with primary production theories in microeconomics. We follow some assumptions for production function, and also payment to each factor equals their marginal products, and we create a new production function which is called the efficient production ...
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The Meaning of the Fitted Cobb-Douglas Function
The Quarterly Journal of Economics, 1957I. The claim to consideration, 546; four striking features of the findings, 547. — II. The fit to time series, 548; results depend on historical rates of growth, 550. — III. The fit to cross sections, 552; the effect of predominantly equal proportionate changes in labor-force, capital, and net value product between one industry and another, 553; a ...
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Utility foundation of a Cobb-Douglas demand function with two attributes
Applied Economics, 2022Regis Chenavaz
exaly
A Note on the Cobb-Douglas Function
The Review of Economic Studies, 1963Herbert A. Simon, Ferdinand K. Levy
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The Interpretation and Estimation of Cobb-Douglas Functions
Econometrica, 1968openaire +2 more sources
Death to the Cobb-Douglas production function
2019Wir zeigen, dass die große Substitutionselastizität zwischen Kapital und Arbeit, die in der Literatur im Durchschnitt auf etwa 0,9 geschätzt wird, von drei Faktoren erklärt werden kann: eine selektive Publikation konformer Ergebnisse, die Verwendung aggregierter Daten und die Nicht-Berücksichtigung der Bedingung erster Ordnung für den Kapitaleinsatz ...
Gechert, Sebastian +3 more
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