A non-calculus approach to solving the utility maximization problem using the Cobb-Douglas and CES utility function

نویسندگان

چکیده

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

the algorithm for solving the inverse numerical range problem

برد عددی ماتریس مربعی a را با w(a) نشان داده و به این صورت تعریف می کنیم w(a)={x8ax:x ?s1} ، که در آن s1 گوی واحد است. در سال 2009، راسل کاردن مساله برد عددی معکوس را به این صورت مطرح کرده است : برای نقطه z?w(a)، بردار x?s1 را به گونه ای می یابیم که z=x*ax، در این پایان نامه ، الگوریتمی برای حل مساله برد عددی معکوس ارانه می دهیم.

15 صفحه اول

A Statistical Approach to Solving the EBL Utility Problem

Many \learning from experience" systems use information extracted from problem solving experiences to modify a performance element PE, forming a new element PE 0 that can solve these and similar problems more eeciently. However , as transformations that improve performance on one set of problems can degrade performance on other sets, the new PE 0 is not always better than the original PE; this ...

متن کامل

An optimal investment, consumption, leisure, and voluntary retirement problem with Cobb-Douglas utility: Dynamic programming approaches

We consider an optimal consumption, leisure, investment, and voluntary retirement problem for an agent with a Cobb–Douglas utility function. Using dynamic programming, we derive closed form solutions for the value function and optimal strategies for consumption, leisure, investment, and retirement.

متن کامل

An Assessment of CES and Cobb-Douglas Production Functions

This paper surveys the empirical and theoretical literature on macroeconomic production functions and assesses whether the constant elasticity of substitution (CES) or the CobbDouglas specification is more appropriate for use in the CBO’s macroeconomic forecasts. The Cobb-Douglas’s major strengths are its ease of use and its seemingly good empirical fit across many data sets. Unfortunately, the...

متن کامل

Solving a bi-objective manpower scheduling problem considering the utility of objective functions

This paper presents a novel bi-objective manpower scheduling problem that minimizes the penalty resulted from employees’ assignment at lower skill levels than their real skill and maximizes employees’ utility for working at a special skill level in some shifts or on some days. Employees are classified in two specialist groups and three skill levels in each specialization. In addition, the prese...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Croatian Operational Research Review

سال: 2015

ISSN: 1848-0225,1848-9931

DOI: 10.17535/crorr.2015.0021