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geometry of quasi-sum production functions with constant elasticity of substitution property
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نویسنده
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chen bang-yen
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منبع
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journal of advanced mathematical studies - 2012 - دوره : 5 - شماره : 2 - صفحه:90 -97
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چکیده
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A production function f is called quasi-sum if there are strict monotone functions f, h1, . . . , hn with f > 0 such that f(x) = f(h1(x1) + · · · + hn(xn)).the justification for studying quasi-sum production functions is that these functions appear as solutions of the general bisymmetry equation and they are related to theproblem of consistent aggregation.in this article, first we present the classification of quasi-sum production functions satisfying the constant elasticity of substitution property. then we prove that if a quasisum production function satisfies the constant elasticity of substitution property, then itsgraph has vanishing gauss-kronecker curvature (or its graph is a flat space) if and onlyif the production function is either a linearly homogeneous generalized acms functionor a linearly homogeneous generalized cobb-douglas function.
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کلیدواژه
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quasi-sum production function ,linearly homogeneous acms function ,linearly homogeneous cobb-douglas function ,gauss-kronecker curvature
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آدرس
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michigan state university, department of mathematics, usa
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پست الکترونیکی
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bychen@math.msu.edu
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Authors
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