This reading describes how people’s aversion to risk affects the decisions they make about investment. Basically, the concepts used to do this analysis emerge naturally when people have expected utility preferences, but not otherwise. So, it illustrates one important way that expected utility is applied. This analysis also makes it possible to illustrate how to do comparative statics. Comparati...

El objetivo de esta investigación es explicar el Modelo Robert Solow, la función producción Macroeconómica Per Cápita con neutralidad Tecnológica Cobb.
 Douglas, produccion intensiva trabajo Solow.
 La Ecuación fundamental Capital Percapita Solow en Perú es:
 AK= 0, 43 K0,57 - (0.0152 + 0,032 0,0007)
 Solución: K= 1, 29% (Estado estacionario)
 PBIR = 4, 72%

It is hard to exaggerate the role of economic aggregators — functions that summarize numerous and / or heterogeneous data — in economic models since the early XX century. In many cases, as witnessed by the pioneering works of Cobb and Douglas, these functions were information quantities tailored to economic theories, i.e. they were built to fit economic phenomena. In this paper, we look at thes...

Abstract I develop a directed technical change model of economic growth and energy efficiency in order to study the impact climate mitigation policies on use. show that standard Cobb–Douglas production function used environmental macroeconomics literature overstates reduction cumulative use can be achieved with given path taxes. also that, model, government combines taxes research development (...

Our study shows how the United States government can achieve its goal of Nationally Determined Contribution (NDC) in 2025, 2030, and 2050 by reducing energy consumption through a pure carbon tax. To emissions reduction goals, it is necessary for U.S. to impose long-term tax that balances taxes on labour, capital, energy, carbon. Therefore, this study, two-layer CGE Cobb–Douglas model, rate set ...

Objective: to determine the effect of variables that impact supply beef in Veracruz, Jalisco and Chiapas states, Mexico, from 2000 2019.Methodological design/approach: a multiple linear regression model was used; where dependent variable price beef, corn annual rainfall were explanatory variables.Results: dynamics production directly inelastically explainedby its with value 0.89, 0.13 0.49; inv...

Previous research has demonstrated that the production of information services can be characterized at the aggregate economy-wide level by the Cobb-Douglas production function. However, the underlying production process at the firm level has not yet been ascertained. The objective of this paper is to determine the form of the production process for information systems services at the firm level...

This paper focuses on verifying the relevance of two theoretical propositions and related empirical investigation about the relationship between creativity and entrepreneurship. It draws upon a creativity process that considers three “dimensions” or “disciplines” (3D) critical for creative organizations—within discipline expertise, out of discipline knowledge, and a disciplined c...