Create goods
Description
Create goods
Usage
goods_by(.data, ...)goods_by(.data, ...)
Arguments
.data |
A data frame that contains columns |
... |
Variables to group by. |
Value
A econ_goods object.
Compose goods
Description
Compose goods
Usage
goods_compose(data, utility, node = NULL)goods_compose(data, utility, node = NULL)
Arguments
data |
A |
utility |
A |
node |
A node name for composition goods. By default, it is |
Value
A econ_goods object.
Consume goods
Description
Consume goods
Usage
goods_consume(data, incomes = NULL)goods_consume(data, incomes = NULL)
Arguments
data |
A |
incomes |
A data frame of a list of data frames that contains columns
|
Value
A econ_goods object.
Consume goods recursively
Description
Consume goods recursively
Usage
goods_consume_recursively(data, f, ...)goods_consume_recursively(data, f, ...)
Arguments
data |
A |
f |
A function that returns a data frame with columns |
... |
Additional arguments passed to |
Value
A econ_goods object.
Produce goods
Description
Produce goods
Usage
goods_produce(data, quantities = NULL)goods_produce(data, quantities = NULL)
Arguments
data |
A |
quantities |
A data frame of a list of data frames that contains columns
|
Value
A econ_goods object.
Produce goods recursively
Description
Produce goods recursively
Usage
goods_produce_recursively(data, f, ...)goods_produce_recursively(data, f, ...)
Arguments
data |
A |
f |
A function that returns a data frame with columns |
... |
Additional arguments passed to |
Value
A econ_goods object.
Reprice goods
Description
Reprice goods
Usage
goods_reprice(data, prices = NULL)goods_reprice(data, prices = NULL)
Arguments
data |
A |
prices |
A data frame or a list of data frames that contains columns
|
Value
A econ_goods object.
Reprice goods recursively
Description
Reprice goods recursively
Usage
goods_reprice_recursively(data, f, ...)goods_reprice_recursively(data, f, ...)
Arguments
data |
A |
f |
A function that returns a data frame with columns |
... |
Additional arguments passed to |
Value
A econ_goods object.
Iceberg trade cost
Description
Iceberg trade cost
Usage
goods_trade_iceberg(data, trade)goods_trade_iceberg(data, trade)
Arguments
data |
A |
trade |
A data frame with |
Value
A econ_goods object.
Update trade cost
Description
Update trade cost
Usage
goods_trade_update(data, trade)goods_trade_update(data, trade)
Arguments
data |
A |
trade |
A data frame with |
Value
A econ_goods object.
Update goods data
Description
Update goods data
Usage
goods_update(data, value)goods_update(data, value)
Arguments
data |
A |
value |
A data frame with new values. |
Value
A econ_goods object.
Create a new utility function
Description
Create a new utility function
Usage
new_util(f, ..., class = character())new_util(f, ..., class = character())
Arguments
f |
A function that returns the utility. |
... |
Parameters to be passed to |
class |
Name of subclass. |
Value
A econ_util object.
Create a new homothetic utility function
Description
Create a new homothetic utility function
Usage
new_util_homothetic(f, ..., class = character())new_util_homothetic(f, ..., class = character())
Arguments
f |
A function that returns the utility. |
... |
Parameters to be passed to |
class |
Name of subclass. |
Value
A util_homothetic object.
Budget line function factory for two goods
Description
![[Experimental]](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHhtbG5zOnhsaW5rPSJodHRwOi8vd3d3LnczLm9yZy8xOTk5L3hsaW5rIiB3aWR0aD0iMTM4IiBoZWlnaHQ9IjIwIiByb2xlPSJpbWciIGFyaWEtbGFiZWw9ImxpZmVjeWNsZTogZXhwZXJpbWVudGFsIj4KICAgIDx0aXRsZT5saWZlY3ljbGU6IGV4cGVyaW1lbnRhbDwvdGl0bGU+CiAgICA8bGluZWFyR3JhZGllbnQgaWQ9InMiIHgyPSIwIiB5Mj0iMTAwJSI+CiAgICAgICAgPHN0b3Agb2Zmc2V0PSIwIiBzdG9wLWNvbG9yPSIjYmJiIiBzdG9wLW9wYWNpdHk9Ii4xIiAvPgogICAgICAgIDxzdG9wIG9mZnNldD0iMSIgc3RvcC1vcGFjaXR5PSIuMSIgLz4KICAgIDwvbGluZWFyR3JhZGllbnQ+CiAgICA8Y2xpcFBhdGggaWQ9InIiPgogICAgICAgIDxyZWN0IHdpZHRoPSIxMzgiIGhlaWdodD0iMjAiIHJ4PSIzIiBmaWxsPSIjZmZmIiAvPgogICAgPC9jbGlwUGF0aD4KICAgIDxnIGNsaXAtcGF0aD0idXJsKCNyKSI+CiAgICAgICAgPHJlY3Qgd2lkdGg9IjU1IiBoZWlnaHQ9IjIwIiBmaWxsPSIjNTU1IiAvPgogICAgICAgIDxyZWN0IHg9IjU1IiB3aWR0aD0iODMiIGhlaWdodD0iMjAiIGZpbGw9IiNmZTdkMzciIC8+CiAgICAgICAgPHJlY3Qgd2lkdGg9IjEzOCIgaGVpZ2h0PSIyMCIgZmlsbD0idXJsKCNzKSIgLz4KICAgIDwvZz4KICAgIDxnIGZpbGw9IiNmZmYiIHRleHQtYW5jaG9yPSJtaWRkbGUiIGZvbnQtZmFtaWx5PSJWZXJkYW5hLEdlbmV2YSxEZWphVnUgU2FucyxzYW5zLXNlcmlmIiB0ZXh0LXJlbmRlcmluZz0iZ2VvbWV0cmljUHJlY2lzaW9uIiBmb250LXNpemU9IjExMCI+CiAgICAgICAgPHRleHQgYXJpYS1oaWRkZW49InRydWUiIHg9IjI4NSIgeT0iMTUwIiBmaWxsPSIjMDEwMTAxIiBmaWxsLW9wYWNpdHk9Ii4zIiB0cmFuc2Zvcm09InNjYWxlKC4xKSIgdGV4dExlbmd0aD0iNDUwIj5saWZlY3ljbGU8L3RleHQ+CiAgICAgICAgPHRleHQgeD0iMjg1IiB5PSIxNDAiIHRyYW5zZm9ybT0ic2NhbGUoLjEpIiBmaWxsPSIjZmZmIiB0ZXh0TGVuZ3RoPSI0NTAiPmxpZmVjeWNsZTwvdGV4dD4KICAgICAgICA8dGV4dCBhcmlhLWhpZGRlbj0idHJ1ZSIgeD0iOTU1IiB5PSIxNTAiIGZpbGw9IiMwMTAxMDEiIGZpbGwtb3BhY2l0eT0iLjMiIHRyYW5zZm9ybT0ic2NhbGUoLjEpIiB0ZXh0TGVuZ3RoPSI3MzAiPmV4cGVyaW1lbnRhbDwvdGV4dD4KICAgICAgICA8dGV4dCB4PSI5NTUiIHk9IjE0MCIgdHJhbnNmb3JtPSJzY2FsZSguMSkiIGZpbGw9IiNmZmYiIHRleHRMZW5ndGg9IjczMCI+ZXhwZXJpbWVudGFsPC90ZXh0PgogICAgPC9nPgo8L3N2Zz4K)
Usage
util_2goods_budget(prices, income)util_2goods_budget(prices, income)
Arguments
prices |
A numeric vector of length 2 with the prices of the goods. |
income |
A scalar numeric of income. |
Value
A function that takes a scalar numeric of quantity of good X and returns a scalar numeric of quantity of good Y.
Indifference curve function factory for two goods
Description
Usage
util_2goods_indifference( f, utility, otherwise = NA_real_, interval = c(1e-06, 1e+06), tol = 1e-06, ... )util_2goods_indifference( f, utility, otherwise = NA_real_, interval = c(1e-06, 1e+06), tol = 1e-06, ... )
Arguments
f |
A |
utility |
A scalar numeric of utility. |
otherwise |
Default value when the root is not found. By default,
|
interval |
Passed to |
tol |
Passed to |
... |
Passed to |
Value
A function that takes a scalar numeric of quantity of good X and returns a scalar numeric of quantity of good Y.
Utility function factory for two goods with a given quantity of good Y
Description
Usage
util_2goods_utility(f, quantity, gradient = FALSE)util_2goods_utility(f, quantity, gradient = FALSE)
Arguments
f |
A |
quantity |
A scalar numeric of quantity. |
gradient |
Logical input to return the gradient. By default, |
Value
A function that takes a scalar numeric of quantity of good X and
returns a scalar numeric of total utility (gradient = TRUE) or marginal
utility (gradient = FALSE).
Calibrate a utility function
Description
Calibrate a utility function
Usage
util_calibrate(f, prices, quantities, ...)util_calibrate(f, prices, quantities, ...)
Arguments
f |
A |
prices |
A numeric vector of prices. |
quantities |
A numeric vector of quantities. |
... |
Additional arguments. |
Value
A econ_util object with calibrated parameters.
Constant elasticity of substitution (CES) utility function
Description
Constant elasticity of substitution (CES) utility function
Usage
util_ces( substitution, homogeneity = 1, efficiency = NA_real_, weights = double(), homothetic = homogeneity == 1 ) util_ces2( elasticity_of_substitution, homogeneity = 1, efficiency = NA_real_, weights = double(), homothetic = homogeneity == 1 )util_ces( substitution, homogeneity = 1, efficiency = NA_real_, weights = double(), homothetic = homogeneity == 1 ) util_ces2( elasticity_of_substitution, homogeneity = 1, efficiency = NA_real_, weights = double(), homothetic = homogeneity == 1 )
Arguments
substitution |
A scalar numeric of substitution parameter. |
homogeneity |
A scalar numeric of degree of homogeneity. By default,
|
efficiency |
A scalar numeric of efficiency parameter. |
weights |
A numeric vector of weights. |
homothetic |
A logical scalar. By default, |
elasticity_of_substitution |
A scalar numeric of elasticity of substitution. |
Value
A util_ces object.
Cobb-Douglas utility function
Description
Cobb-Douglas utility function
Usage
util_cobb_douglas( efficiency = NA_real_, weights = double(), homothetic = length(weights) == 0 || sum(weights) == 1 )util_cobb_douglas( efficiency = NA_real_, weights = double(), homothetic = length(weights) == 0 || sum(weights) == 1 )
Arguments
efficiency |
A scalar numeric of efficiency parameter. By default,
|
weights |
A numeric vector of weight parameters. By default, |
homothetic |
A logical scalar. By default, |
Value
A util_cobb_douglas object.
Demand function
Description
This function works as Marshallian demand function when income is input, and
as Hicksian demand function when utility is input.
Usage
util_demand(f, prices, income = NULL, utility = NULL, gradient = FALSE, ...)util_demand(f, prices, income = NULL, utility = NULL, gradient = FALSE, ...)
Arguments
f |
A |
prices |
A numeric vector of prices. |
income |
A scalar numeric of income. If |
utility |
A scalar numeric of utility level. If |
gradient |
Logical input to return the gradient. By default, |
... |
Additional arguments. |
Value
when gradient = FALSE, a numeric vector of quantities. When
gradient = TRUE, a numeric matrix of gradients of quantities related to prices.
Hicksian demand function
Description
Hicksian demand function
Usage
util_demand_hicksian(f, prices, utility, gradient = FALSE, ...)util_demand_hicksian(f, prices, utility, gradient = FALSE, ...)
Arguments
f |
A |
prices |
A numeric vector of prices. |
utility |
A scalar numeric of utility level. |
gradient |
Logical input to return the gradient. By default, |
... |
Additional arguments. |
Value
when gradient = FALSE, a numeric vector of quantities. When
gradient = TRUE, a numeric matrix of gradients of quantities related to prices.
Marshallian demand function
Description
Marshallian demand function
Usage
util_demand_marshallian(f, prices, income, gradient = FALSE, ...)util_demand_marshallian(f, prices, income, gradient = FALSE, ...)
Arguments
f |
A |
prices |
A numeric vector of prices. |
income |
A scalar numeric of income. |
gradient |
Logical input to return the gradient. By default, |
... |
Additional arguments. |
Value
when gradient = FALSE, a numeric vector of quantities. When
gradient = TRUE, a numeric matrix of gradients of quantities related to prices.
Expenditure function
Description
Expenditure function
Usage
util_expenditure(f, prices, utility, gradient = FALSE, ...)util_expenditure(f, prices, utility, gradient = FALSE, ...)
Arguments
f |
A |
prices |
A numeric vector of prices. |
utility |
A scalar numeric of utility level. |
gradient |
Logical input to return the gradient. By default, |
... |
Additional arguments. |
Value
When gradient = FALSE, a scalar numeric of expenditure. When
gradient = TRUE, a numeric vector of gradients of expenditure related to
prices.
Gradient of a utility function
Description
Gradient of a utility function
Usage
util_gradient(f, quantities, ...)util_gradient(f, quantities, ...)
Arguments
f |
A |
quantities |
A numeric vector of quantities. |
... |
Additional arguments. |
Value
A numeric vector of gradients.
Indirect utility function
Description
Indirect utility function
Usage
util_indirect(f, prices, income, gradient = FALSE, ...)util_indirect(f, prices, income, gradient = FALSE, ...)
Arguments
f |
A |
prices |
A numeric vector of prices. |
income |
A scalar numeric of income. |
gradient |
Logical input to return the gradient. By default, |
... |
Additional arguments. |
Value
When gradient = FALSE, a scalar numeric of utility level. When
gradient = TRUE, a numeric vector of gradients of utility level related to
prices.
Leontief utility function
Description
Leontief utility function
Usage
util_leontief(efficiency = NA_real_, weights = double())util_leontief(efficiency = NA_real_, weights = double())
Arguments
efficiency |
A scalar numeric of efficiency parameter. By default,
|
weights |
A numeric vector of weight parameters. By default, |
Value
A util_leontief object.
Linear utility function
Description
Linear utility function
Usage
util_linear(efficiency = NA_real_, weights = double())util_linear(efficiency = NA_real_, weights = double())
Arguments
efficiency |
A scalar numeric of efficiency parameter. By default,
|
weights |
A numeric vector of weight parameters. By default, |
Value
A util_linear object.
Price function
Description
Usage
util_price(f, prices, quantities, ...)util_price(f, prices, quantities, ...)
Arguments
f |
A |
prices |
A numeric vector of prices. |
quantities |
A numeric vector of quantities. |
... |
Additional arguments. |
Value
A numeric scalar of price.