Results 211 to 220 of about 90,273 (250)
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1971
Of the Marshallian type of function, the best known and the most widely used is the Cobb-Douglas production function. It takes its name from Professor (one-time Senator) Douglas who, from empirical observation, inferred its properties, and to his colleague Cobb, a mathematician, who suggested the mathematical form which had those properties.
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Of the Marshallian type of function, the best known and the most widely used is the Cobb-Douglas production function. It takes its name from Professor (one-time Senator) Douglas who, from empirical observation, inferred its properties, and to his colleague Cobb, a mathematician, who suggested the mathematical form which had those properties.
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The Cobb-Douglas Production Function
1981Consider now a special representation of the index function σ appearing in the definition of the nomothetic production surfaces (32) or (32.1). Let $$ \sigma = {\sigma _{0}}\left[ {\mathop{\Pi }\limits_{{i = 1}}^{N} {{(\frac{{{x_{1}}}}{{{x_{1}}0}})}^{{{a_{{i\quad }}}}}}\mathop{\Pi }\limits_{{k = 1}}^{L} {{(\frac{{{x_{1}}}}{{{x_{1}}0}})}^{{{b_{k}}}}}}
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Fitting of Cobb-Douglas Production Functions: Revisited
2008The set of Cobb-Douglas production functions is usually fitted by first linearizing the models through logarithmic transformation and then applying method of least squares. However, this procedure is valid only when the underlying assumption of multiplicative error-terms is justified.
Prajneshu, Prajneshu
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The Cobb-Douglas Function and Hölder's Inequality
The College Mathematics Journal, 2011Holder's inequality is here applied to the Cobb-Douglas production function to provide simple estimates to total production.
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Sealed-bid auctions based on Cobb–Douglas utility function
Economics Letters, 2010zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Liu, Shulin, Wang, Mingxi
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A stochastic approach to the Cobb-Douglas Production Function [PDF]
This paper presents a stochastic approach to the theory of aggregateproduction function, based on the theory of stochastic differentialequations. The main result is that under certain restrictions the productionfunction converges from below to the Cobb-Douglas functionproviding further support for the conclusion drawn by Jones (2005).
Constantin Chilarescu, Nicolas Vaneecloo
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The Cobb Douglas Function and Its Extension
Economic Journal of Nepal, 1983Not Available.
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Capital accumulation under Cobb-Douglas production functions
Zeitschrift für Nationalökonomie, 1964We will consider an economy with two goods where stocks at any time are transformed into another configuration of stocks one period later via the Cobb-Douglas production functions. Stocks available at the beginning of a period will serve as inputs; stocks available at the end of the period will equal initial stocks plus flow-output minus depreciation ...
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Utility foundation of a Cobb-Douglas demand function with two attributes
Applied Economics, 2022Régis Y Chenavaz
exaly

