discounted.value: Find the discounting value of an option under a parameterized...

Description Usage Arguments Value Examples

Description

Find the discounting value of an option under a parameterized utility model.

Usage

1
discounted.value(x, t, model, parameters)

Arguments

x

The monetary value of the option.

t

The time of receipt of the option.

model

exponential

parameters

model parameters

Value

The scalar, strictly non-negative utility of the option.

Examples

1
discounted.value(1, 0, 'exponential', list('delta' = 0.9))

johnmyleswhite/BehavioralEconomics documentation built on May 19, 2019, 5:17 p.m.