I
PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28
and, using relation (117-14) we deduce
(117-16)
1 3R
E R
/ 5 (8,i)e'®do
©(8,i) de
TTT
In fact, in relation (117-15), the prices of the different factor
inputs are equal to the exponentials ¢®. The function A(:))
characterises the distribution of factor inputs. But, while ¢(0)
is of course a function of 7 it has not been differentiated with :,
since in the expression (117-16) the Sp play an analogous
role to the 8Y in relation (117-10), and since in this relation
the y are regarded as constant (*).
Thus the relation (114-16) also enables the expression for
the differential of real income to be deduced from the differen-
tial of the characteristic function, and we have in particular
(117-27,
(8,i)e'’de
(7
0.2)d 0
() Of course this does not mean that i is independent of time. In ge-
neral 7 should be considered as a function of time.
(?) These various formulae were first given in 1947 in mv studv Eco-
nomy and Interest (1047), DD. I86-1RK
11] Allais - pag. 48