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]