u.inverse: Inverse utility function for softmax market share
In balachia/pcSoftmaxPack: Softmax competitions calculations
Description
Inverts two-sided terminal market share,
adjusting for option value of fleeing towards infinity.
Usage
1
u.inverse(ms, a = 0.9)
Arguments
ms
market share
a
risk aversion adjustment (a < 1 -> more risk aversion)
balachia/pcSoftmaxPack documentation built on Dec. 19, 2021, 6:41 a.m.
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.
Description
Inverts two-sided terminal market share, adjusting for option value of fleeing towards infinity.
Usage
1 | u.inverse(ms, a = 0.9)
|
Arguments
ms |
market share |
a |
risk aversion adjustment (a < 1 -> more risk aversion) |
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.
Embedding an R snippet on your website
Add the following code to your website.
For more information on customizing the embed code, read Embedding Snippets.