On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
If you have any questions, please contact halo@digital.ox.ac.uk
I provide a new behavioral foundation for Cobb-Douglas preferences drawing on the psychophysical regularity known as Weber’s law. In particular, I show that, under Weber’s law, Cobb-Douglas preferences are characterized by two novel and compelling axioms. Importantly, the preferences that I characterize are the standard (weak-ordered and strongly monotonic) Cobb-Douglas preferences widely used in consumer theory, thereby complementing prior literature that has instead obtained a semi-ordered and non-monotonic variant thereof.