Classification of homothetic production models whose isoquants are minimal

Alina-Daniela Vilcu

Abstract


In this article, we give the complete classification of  homothetic production functions with minimal isoquants, solving an open problem raised in [C.-D. Neacșu et al., Math. Methods Appl. Sci. 47 (9) (2024), pp. 7532-7545] and generalizing some recent results obtained in [Y. Fu, Y. Luo, J. Math. Anal. Appl. 541 (2025) 128670].

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