In economics, the Cobb–Douglas functional form of production functions is widely used to represent the relationship of output and two inputs. The Cobb-Douglas form was developed and tested against statistical evidence by Charles Cobb and Paul Douglas during 1900–1947.
CITATION STYLE
Gass, S. I., & Harris, C. M. (2001). Cobb-douglas production function. In Encyclopedia of Operations Research and Management Science (pp. 94–94). Springer US. https://doi.org/10.1007/1-4020-0611-x_120
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