Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

This is a preview. Log in through your library . Abstract This article uses the Bayesian approach to estimate the parameters of the normalized constant elasticity of substitution (CES) function with ...

In my last post on my Debtwatch blog, I finished by saying that the Physiocrats were the only School of economics to properly consider the role of energy in production. They ascribed it solely to ...

This is a preview. Log in through your library . Publisher Information Springer is one of the leading international scientific publishing companies, publishing over 1,200 journals and more than 3,000 ...

In economics, production is the act of creating output, a good or service which has value and contributes to the utility of individuals. The act may or may not include factors of production other than ...