Compute the certainty equivalents and premium risks
as tools for risk-efficiency analysis. For more technical information, please refer to: Hardaker, Richardson, Lien, & Schumann (2004)
The ceRtainty package computes the certainty equivalent values from a profit dataset and its respective risk premiums.
Install the package from github as usual:
library(devtools)
install_github("ArielSotoCaro/ceRtainty")
library(ceRtainty)
Use the certainty() function to compute the certainty equivalent values and premium() to compute the risk premium values.
For more details, please refer to the package vignette.
MIT © Ariel Soto-Caro