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For more information on this research see: Household Utility Maximization With Life Insurance: a Ces Utility Case. Japan Journal of Industrial and Applied Mathematics, 2020; ():.
We employ a constant elasticity of substitution (CES) utility function with factor-augmenting technical progress to incorporate changes in the quality of goods. We then estimate the effects of these ...
Alexander Osharin, Valery Verbus, Heterogeneity of consumer preferences and trade patterns in a monopolistically competitive setting, Journal of Economics, Vol. 125, No. 3 (2018), pp. 211-237 ...