RSD (version 0.2.0)

assd.test: Compares prospects based on ASSD methods

Description

It compares two prospects using ASSD criteria, that is the prospect having the minimum violation area from a classic SSD.

Usage

assd.test(sd.obj, type)

Value

A list, including calculation details.

Arguments

sd.obj

StochasticDominance object.

type

A character vector, including the name of ASSD methods.

Details

The `type` argument must be one of the 'll' or 'ths', otherwise it will raise an error.

The `epsilon` and `winner` output parameters are the ones that should be taken most. The others are the calculation details and are provided for further investigation. A lower the `epsilon`, lower the violation ratio of the dominant distribution, lower the eliminated extreme utilities, higher the number of decision-makers who agree on the dominant distribution.

See Also

[assd.ll.test(), assd.ths.test] for more details.

Examples

sd = createStochasticDominance(outcome1 = c(1,4,7),
                               outcome2 = c(2,3,5),
                               prob1 = c(1/3,1/3,1/3),
                               prob2 = c(1/6,1/6,2/3))
assd.test(sd, 'll')
assd.test(sd, 'ths')