Note: In a previous version there was the parameter "uniform". In this new version the same effect can be achieved by setting the upper boundary of cost.low to the same value as the lower.boundary of cost.high and setting the probability of prob.low and prob.high to 0.5 each.
1 2 | make.bargaining.game(cost.low = 20, cost.high = 60, prob.low = 0.5,
digits = 2, redraw.costs = FALSE, price = 100, delta = 0.8, ...)
|
cost.low |
The lower costs in the standard case. May be a single value or a vector specifiying the upper and lower bound of the lower costs (e.g. c(20,30)) |
cost.high |
The higher costs in the standard case. May be a single value or a vector specifiying the upper and lower bound of the higher costs (e.g. c(50,60)) |
prob.low |
The probability to draw the lower costs in the standard case. The probability of the higher case is thus 1-prob.low |
digits |
To how many digits should the drawn costs be rounded? |
redraw.costs |
If TRUE, then the costs are redrawn each round. In the standard case the costs are drawn once and are not changed from round to round |
price |
Paid utility in case of an agreement |
delta |
Probability of playing another round |
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