A note on the Cobb-Douglas function

Richard Vale

A note on the Cobb-Douglas function

Not yet reviewed by Pith; the record is open.

Re-run · record.json Download PDF Read on arXiv ↗

This paper has not been read by Pith yet. Machine review is queued; the pith claim, tier, and objections will appear here once it completes.

SPECIMEN: schema-true, not a live event

T0 review · schema-true

One-sentence machine reading of the paper's core claim.

pith:XXXXXXXX · record.json · timestamp

arxiv 2411.08067 v1 pith:NTKN7N3C submitted 2024-11-11 econ.GN q-fin.EC

Richard Vale This is my paper · ORCID

classification econ.GNq-fin.EC

keywords cobb-douglasfirmfunctioncostnotecharacterizedconstantconstant-returns-to-scale

verification ladder T0 review T1 audit T2 compute T3 formal

0 comments

read the original abstract

This note observes that the Cobb-Douglas function is uniquely characterized by the property that, if the labour share of cost for a constant-returns-to-scale firm remains constant when the firm minimizes its cost for any given output level, then the firm's production function must be Cobb-Douglas.

Discussion (0). Continue with ORCID to comment.

Forward citations

Cited by 1 Pith paper

Reviewed papers in the Pith corpus that reference this work. Sorted by Pith novelty score. Full citation record

Artificial General Intelligence and the End of Human Employment: The Need to Renegotiate the Social Contract
econ.GN 2025-02 reject novelty 2.0 of 10

AGI is claimed to drive human wages to zero and require UBI and AGI taxation, but the paper's own Cobb-Douglas equations do not support the wage collapse.

Pith tools