dot-elasticity_at_price: Calculate Elasticity at a Given Price
In beezdemand: Behavioral Economic Easy Demand
.elasticity_at_price R Documentation
Calculate Elasticity at a Given Price
Description
Computes eta(p) = d log(Q(p)) / d log(p) via central finite differences
Usage
.elasticity_at_price(demand_fn, price, delta = 1e-05)
Arguments
demand_fn
Function Q(p) returning demand at price p
price
Price point at which to evaluate elasticity
delta
Relative step size for finite difference (default 1e-5)
Value
Numeric elasticity value
beezdemand documentation built on March 3, 2026, 9:07 a.m.
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| .elasticity_at_price | R Documentation |
Calculate Elasticity at a Given Price
Description
Computes eta(p) = d log(Q(p)) / d log(p) via central finite differences
Usage
.elasticity_at_price(demand_fn, price, delta = 1e-05)
Arguments
demand_fn |
Function Q(p) returning demand at price p |
price |
Price point at which to evaluate elasticity |
delta |
Relative step size for finite difference (default 1e-5) |
Value
Numeric elasticity value
R Package Documentation
Browse R Packages
We want your feedback!
Note that we can't provide technical support on individual packages. You should contact the package authors for that.
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