saring1 {Risk}

Sarin (1987)'s First Risk Measure

Description

Computes the first risk measure due to Sarin (1987)

Usage

saring1(spec, a, b, k, c, ...)

Arguments

spec

a character string specifying the distribution (for example, "norm" corresponds to the standard normal)

k

a non-zero real valued parameter, see Chan and Nadarajah for details

c

a non-zero real valued parameter, see Chan and Nadarajah for details

a

the lower end point of the distribution specified by spec

b

the upper end point of the distribution specified by spec

...

other parameters

Value

A scalar, giving Sarin (1987)'s first risk measure of the distribution specified by spec

Author(s)

Stephen Chan, Saralees Nadarajah

References

S. Chan and S. Nadarajah, Risk: An R package for risk measures, submitted

R. K. Sarin, Some extensions of Luce's measures of risk, Theory and Decision, 22, 1987, 125-141 <DOI:10.1007/BF00126387>

Examples

saring1("norm", -Inf, Inf, 1, 0)