opencrit: Open interval criterion function

In balachia/pcPack: Producer Categories Paper Package

Description

General criterion is 0 = M' + ( 1/2 * V' * ( -Ed2u/Edu ) ) Logged criterion is 0 = -log M' + log(1/2 V') + log( -Ed2u/Edu ) General criterion: 0 = -log M' + log(1/2 V') + log( -Ed2u/Edu ) Open criterion: M' = c'(delta) Open criterion: V' = sigma^2

Usage

opencrit(delta, W0, sigma = 1, b = 1, log = TRUE, ...)

Arguments

delta	distance from point
W0	value at point
sigma	brownian walk *sigma* parameter
b	utility function *b* parameter
log	use logged criterion?
...	additional arguments to criterion subfunctions

balachia/pcPack documentation built on Dec. 19, 2021, 6:40 a.m.