You can not select more than 25 topics Topics must start with a letter or number, can include dashes ('-') and can be up to 35 characters long.
Brian Albert Monroe
||12 months ago|
|R||12 months ago|
|man||2 years ago|
|.Rbuildignore||3 years ago|
|.gitignore||3 years ago|
|DESCRIPTION||12 months ago|
|NAMESPACE||2 years ago|
|README.md||2 years ago|
Belief Recovery and Estimation
This package provides 3 core pieces of functionality:
- Recover subjective beliefs given a set of reports and risk preferences. This is an implementation of the theory of Harrison & Ulm (2016)
- Jointly estimate recovered beliefs and risk preferences through an interval regression approch.
- Jointly estimate subjective beliefs and risk preferences using a behavioral approach. This follows the approach of Andersen, Fountain, Harrison, and Rutström.
Currently supported utility functions:
- CRRA, x^(1-r)/(1/r)
- power, x^r
Currently supported probability weighting functions:
- 2 parameter Prelec (1998)
This package is extended as I find additional needed functionality.