Posts Tagged ‘Production function’

Economics.SE has gone into Public Beta and now everybody can participate there. Of course the content is still not much, no one expects a lot of content during the private Beta. But it already appears that the Economics.SE can eventually have the right mix and balance regarding style, level and focus of questions and answers.

For example an answer proves that the C.E.S production function converges to the Leontief technology (and to Cobb-Douglas) –but the answer also treats the case where the CES is not homogeneous of degree one, it does not exhibit constant returns to scalewhat happens then?

Click here to find out