rateOfDecay,StandardAnnualAggLossDevModelOutput-method {BALD}R Documentation

A method to plot and/or return the esimtated rate of decay vs development year time for standard models.

Description

A method to plot and/or return the esimtated rate of decay vs development year time for standard models.

Arguments

object

The object from which to plot and/or return the estimated rate of decay.

plot

A logical value. If TRUE, then the plot is generated and the statistics are returned; otherwise only the statistics are returned.

Details

The simplest definition of the rate of decay is the exponentiated first difference of the consumption path. The standard model has a common rate of decay for all exposure years. This is a method to allow for the retrieval and illustration of the rate of decay.

Because the model is Bayesian, the estimated rate of decay comes as a distribution; only the median is plotted and/or returned.

Value

Mainly called for the side effect of plotting. Also returns the plotted statistics. Returned invisibly.

See Also

rateOfDecay rateOfDecay("BreakAnnualAggLossDevModelOutput") consumptionPath


[Package BALD version 1.0.0-3 Index]