u: Utility function
In balachia/pcPack: Producer Categories Paper Package
Description
risk aversion = b * (1 / (1 + a/b exp(bm)))
a controls straightness, b controls bendiness
RA increasing in b, decreasing in a
Usage
1
u(m, a = 1, b = 1)
Arguments
m
wealth
a
a parameter
b
b parameter
balachia/pcPack documentation built on Dec. 19, 2021, 6:40 a.m.
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Description
risk aversion = b * (1 / (1 + a/b exp(bm))) a controls straightness, b controls bendiness RA increasing in b, decreasing in a
Usage
1 | u(m, a = 1, b = 1)
|
Arguments
m |
wealth |
a |
a parameter |
b |
b parameter |
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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