A note on CES functions

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Serval ID
serval:BIB_9E7E59EA3C6F
Type
Article: article from journal or magazin.
Collection
Publications
Institution
UNIL/CHUV
Title
A note on CES functions
Journal
Journal of Behavioral and Experimental Economics
Author(s)
Thöni C.
ISSN
2214-8043 (; 2214-8051 (online))
Publication state
Published
Issued date
2015
Number
59
Pages
85-87
Language
english
Abstract
The most commonly used parameterizations of constant elasticity of substitution functions (CES) have the disadvantage that the share parameter has no meaningful interpretation over the range of possible elasticities of substitution. This note introduces a slightly reformulated CES function which avoids the problem. (C) 2015 Elsevier Inc. All rights reserved.
Keywords
Constant elasticity of substitution, CES, Share parameter
OAI-PMH
oai:serval.unil.ch:BIB_9E7E59EA3C6F
DOI
10.1016/j.socec.2015.10.001
Web of science
000368369000010
Create date
28/02/2019 15:18
Last modification date
20/08/2019 15:04
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