A note on CES functions

B-Tier
Journal: Journal of Behavioral and Experimental Economics
Year: 2015
Volume: 59
Issue: C
Pages: 85-87

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

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.

Technical Details

RePEc Handle
repec:eee:soceco:v:59:y:2015:i:c:p:85-87
Journal Field
Experimental
Author Count
1
Added to Database
2026-01-29