English

The Production Function

Physics and Society 2008-12-02 v1 Data Analysis, Statistics and Probability General Finance

Abstract

Productions functions map the inputs of a firm or a productive system onto its outputs. This article expounds generalizations of the production function that include state variables, organizational structures and increasing returns to scale. These extensions are needed in order to explain the regularities of the empirical distributions of some economic variables.

Cite

@article{arxiv.physics/0511191,
  title  = {The Production Function},
  author = {Guido Fioretti},
  journal= {arXiv preprint arXiv:physics/0511191},
  year   = {2008}
}

Comments

Econophysics paper