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consistency in economics 1 dimensional analysis 1 production function 1 utility function 1
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Kim, Minseong 1
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
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Dimensional Analysis of Production and Utility Functions in Economics
Kim, Minseong - Volkswirtschaftliche Fakultät, … - 2015
This paper explores dimensional analysis of production and utility functions in economics. As raised by Barnett, dimensional analysis is important in consistency checks of economics functions. However, unlike Barnett's dismissal of CES and Cobb-Douglas production functions, we will demonstrate...
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