crra_u: Returns CRRA utility

Description Usage Arguments Value Examples

View source: R/utility_functions.R

Description

Returns CRRA utility

Usage

1
crra_u(x, r)

Arguments

x

numeric value representing wealth

r

numeric value representing the coefficient of relative risk aversion

Value

Returns a numeric value representing the level of utility

Examples

1
crra_u(100,.2)

dylan-turner25/RPadjust documentation built on Dec. 20, 2021, 2:17 a.m.