On Homothetic Scalar Valued Production Functions.
Abstract
Seven equivalent statements of homotheticity are given for scalar valued production functions. These 7 statements relate to the functional form, the level sets L(u), the cost function, linearity of expansion paths and the distance function for the correspondence u maps to L(u).
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1975
- Accession Number
- ADA010139
Entities
People
- Rolf Fare
- Ronald Shephard
Organizations
- University of California, Berkeley