How to explain ubiquity of constant elasticity of substitution (CES) production and utility functions without explicitly postulating CES

© Springer International Publishing AG 2017. In many situations, the dependence of the production or utility on the corresponding factors is described by the CES (Constant Elasticity of Substitution) functions. These functions are usually explained by postulating two requirements: an economically re...

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Bibliographic Details
Main Authors: Kosheleva O., Kreinovich V., Dumrongpokaphan T.
Format: Book Series
Published: 2017
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85012893742&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/40784
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Institution: Chiang Mai University

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