pt: Computational models for prospect theory and other theories of risky decision making

Implements (cumulative) prospect theory and other theories of risky decision making. A practically unlimited number of choices can be specified. The package allows for different probability weighting functions and utility functions to be specified, as well as their parameters. Other features include the ability to plot individual probability weighting curves and families of these curves, as well as individual utility function curves. Single-stage decision trees can be drawn. The probability simplex can also be drawn. Certainty equivalents and risk premiums can be plotted. Theoretical predictions for different risky decision making theories can be compared against each other and empirical data.

Version: 1.0
Suggests: methods, grid, knitr, roxygen2
Published: 2014-03-10
Author: Gary Au
Maintainer: Gary Au <gary.au at unimelb.edu.au>
BugReports: https://github.com/gary-au/pt/issues
License: GPL-3
NeedsCompilation: no
Citation: pt citation info
CRAN checks: pt results

Downloads:

Reference manual: pt.pdf
Vignettes: pt: An R package for Prospect Theory
Package source: pt_1.0.tar.gz
Windows binaries: r-devel: pt_1.0.zip, r-release: pt_1.0.zip, r-oldrel: pt_1.0.zip
OS X Snow Leopard binaries: r-release: pt_1.0.tgz, r-oldrel: pt_1.0.tgz
OS X Mavericks binaries: r-release: pt_1.0.tgz