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If we assume that $v(x_1, x_2)=x_1^cx_2^d$.

If we set $a:=\frac{c}{c+d}$. Why does this imply that $v(x_1, x_2)=x_1^ax_2^{1-a}$?

I don't see how $c^{-1} = 1-a$.

That would mean that $\frac{1}{c}+\frac{c}{c+d}=c^{-1}+d^{-1}=1 \implies c+d=1$.

But this is only true iff $c+d =1$, yet there's nothing that tells me anything about this assumption.

Is there anything I missed?

I expect both $c$ and $d$ to be within $\mathbb{R}^+ \backslash \{0\}$.

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  • $\begingroup$ What does mean the notation $v(x,y)$, please? $\endgroup$
    – Piquito
    Apr 24, 2021 at 17:10
  • $\begingroup$ That's a function with two arguments where $x_1$ and $x_2$ are both within $\mathbb{R}$. @Piquito $\endgroup$ Apr 24, 2021 at 17:15
  • $\begingroup$ Ah, Thank you.Regards. $\endgroup$
    – Piquito
    Apr 24, 2021 at 17:24

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