Перевод: со всех языков на английский

с английского на все языки

Cobb-Douglas utility function

См. также в других словарях:

  • Cobb–Douglas production function — A two input Cobb–Douglas production function In economics, the Cobb–Douglas f form of production functions is widely used to represent the relationship of an output to inputs. Similar functions were originally used by Knut Wicksell (1851–1926),… …   Wikipedia

  • Cobb-Douglas — In economics, the Cobb Douglas functional form of production functions is widely used to represent the relationship of an output to inputs. It was proposed by Knut Wicksell (1851 1926), and tested against statistical evidence by Charles Cobb and… …   Wikipedia

  • Stone-Geary utility function — The Stone Geary utility function takes the form:U = prod {i} (q i gamma i)^{eta {iwhere U is utility, q i is consumption of good i, and eta and gamma are parameters.For gamma i = 0, the Stone Geary function reduces to the generalised Cobb… …   Wikipedia

  • Utility — This article is about the economic concept. For other uses, see Utility (disambiguation). Part of a series on Utilitarianism …   Wikipedia

  • Utility maximization problem — In microeconomics, the utility maximization problem is the problem consumers face: how should I spend my money in order to maximize my utility? Basic setupSuppose their consumption set, or the enumeration of all possible consumption bundles that… …   Wikipedia

  • Indifference curve — In microeconomic theory, an indifference curve is a graph showing different bundles of goods, each measured as to quantity, between which a consumer is indifferent. That is, at each point on the curve, the consumer has no preference for one… …   Wikipedia

  • Returns to scale — In economics, returns to scale and economies of scale are related terms that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm).… …   Wikipedia

  • Ramsey growth model — The Ramsey growth model is a neo classical model of economic growth based primarily on the work of the economist and mathematician Frank Ramsey. The Solow growth model is similar to the Ramsey growth model, however without incorporating an… …   Wikipedia

  • Elasticity of substitution — is the elasticity of the ratio of two inputs to a production (or utility) function with respect to the ratio of their marginal products (or utilities). It measures the curvature of an isoquant.Mathematical definitionLet the utility over… …   Wikipedia

  • Constant elasticity of substitution — In economics, Constant elasticity of substitution (CES) is a property of some production functions and utility functions. More precisely, it refers to a particular type of aggregator function which combines two or more types of consumption, or… …   Wikipedia

  • Expenditure minimization problem — In microeconomics, the expenditure minimization problem is another perspective on the utility maximization problem: how much money do I need to be happy? . This question comes in two parts. Given a consumer s utility function, prices, and a… …   Wikipedia

Поделиться ссылкой на выделенное

Прямая ссылка:
Нажмите правой клавишей мыши и выберите «Копировать ссылку»