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From preferences to Cobb-Douglas utility

Voorneveld, Mark (contributor) - 2008 - Rev. October 27, 2008

theory ; Cobb-Douglas …

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The applied theory of energy substitution in production

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How sound are the foundations of the aggregate production function?

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The unique informational efficiency of the competitive mechanism in economies with production

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Can random coefficient Cobb-Douglas production functions be aggregated to similar macro functions?

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Parametric aggregation of heterogeneous micro production technologies is discussed. A four-factor Cobb-Douglas function with normally distributed firm specific coefficients and with log-normal inputs (which agrees well with the available data) is specified. Since, if the number of micro units is...

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Optimal growth and competitive equilibrium business cycles under decreasing returns in two-country models

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