Utilities can be combined in different ways to give an overall utility.

HSUV(..., method = c("prod", "add", "min"))

Arguments

...

One or more utilities to combine

method

Options are:

  • Additive $$u^{add} = u_a + u_b - 1$$

  • Multiplicative $$u^{mult} = u_a u_b$$

  • Minimum $$u^{min} = \min{u_a, u_b}$$

Value

function

Details

TODO: Adjusted decrement estimator TODO: Combination model

References

http://nicedsu.org.uk/wp-content/uploads/2016/03/TSD12-Utilities-in-modelling-FINAL.pdf

Examples

HSUV(1,1)
#> function (...) #> { #> do.call(what = method, args = list(...)) #> } #> <bytecode: 0x000000001e524108> #> <environment: 0x00000000201fcef8>
HSUV(1,1,2)
#> function (...) #> { #> do.call(what = method, args = list(...)) #> } #> <bytecode: 0x000000001e524108> #> <environment: 0x000000002024fdf8>