Zeytoon-Nejad, Ali; Goodwin, Barry K. - In: Journal of risk and financial management : JRFM 16 (2023) 2, pp. 1-23
The conventional functional form of the Constant-Elasticity-of-Substitution (CES) production function is a general … production function nesting a number of other forms of production functions. Examples of such functions include Leontief, Cobb … generalized variant of the CES production function that allows for various input effects on the probability distribution of output …