stoneg2 {Risk}

Stone (1973)'s Second Risk Measure

Description

Computes the second risk measure due to Stone (1973)

Usage

stoneg2(spec, x0, k, a, b, ...)

Arguments

spec

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

x0

a real valued parameter, see Chan and Nadarajah for details

k

a positive 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 Stone (1973)'s second 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

B. K. Stone, A general class of three-parameter risk measuresm, The Journal of Finance, 28, 1973, 675-685 <DOI:10.2307/2978638>

Examples

stoneg2("norm", 8, 3, -Inf, Inf)