RACa {ceRtainty} | R Documentation |
Adjusted Risk Aversion Coefficient (RACa)
Description
Adjusted Risk Aversion Coefficient (RACa)
Usage
RACa(rac, data)
Arguments
rac |
An scalar with the value of the relative RAC |
data |
Dataset to weight the RAC |
Value
This function create an adjustment to the relative risk aversion coefficient, following Hardaker et al (2004).
[Package ceRtainty version 1.0.0 Index]