theorem trade_elasticity_eq_variety_exponent {ρ : ℝ} (hρ : ρ ≠ 0) (hρ1 : ρ ≠ 1) :
1 / (elasticityOfSubstitution ρ - 1) = 1 / ρ - 1 := by
simp only [elasticityOfSubstitution]
have h : (1 : ℝ) - ρ ≠ 0 := by intro h; apply hρ1; linarith
field_simp
have : 1 - (1 - ρ) = ρ := by ring
rw [this]
exact div_self hρEconomics extensions for CES formalization: