discounting.model.choice.probability: Find the probability of selecting (x2, t2) given a...

In johnmyleswhite/BehavioralEconomics: Statistical models for behavioral economics

Description

Find the probability of selecting (x2, t2) given a parameterized model.

Usage

discounting.model.choice.probability(x1, t1, x2, t2, choice, model, parameters)

Arguments

x1	Monetary value of earlier option.
t1	Time of receipt of the earlier option.
x2	Monetary value of later option.
t2	Time of receipt of the later option.
choice	1 if X2,T2 was chosen. 0 if X1,T1 was chosen.
model	exponential
parameters	model parameters

Value

Varies. See specific model for details.

Examples

discounting.model.choice.probability(1, 0, 2, 0, 1, 'exponential', list('a' = 1, 'delta' = 0.9))

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