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Stated Preference Methods Using R

By Hideo Aizaki, Tomoaki Nakatani, Kazuo Sato

Chapman and Hall/CRC – 2014 – 254 pages

Series: Chapman & Hall/CRC The R Series

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    978-1-43-989047-9
    August 22nd 2014
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Description

Stated Preference Methods Using R explains how to use stated preference (SP) methods, which are a family of survey methods, to measure people’s preferences based on decision making in hypothetical choice situations. Along with giving introductory explanations of the methods, the book collates information on existing R functions and packages as well as those prepared by the authors. It focuses on core SP methods, including contingent valuation (CV), discrete choice experiments (DCEs), and best–worst scaling (BWS).

Several example data sets illustrate empirical applications of each method with R. Examples of CV draw on data from well-known environmental valuation studies, such as the Exxon Valdez oil spill in Alaska. To explain DCEs, the authors use synthetic data sets related to food marketing and environmental valuation. The examples illustrating BWS address valuing agro-environmental and food issues. All the example data sets and code are available on the authors’ website, CRAN, and R-Forge, allowing readers to easily reproduce working examples.

Although the examples focus on agricultural and environmental economics, they provide beginners with a good foundation to apply SP methods in other fields. Statisticians, empirical researchers, and advanced students can use the book to conduct applied research of SP methods in economics and market research. The book is also suitable as a primary text or supplemental reading in an introductory-level, hands-on course.

Contents

Introduction

Stated preference methods and the role of R

Objective of this book

Overview of CV, DCEs, and BWS

Random utility theory and discrete choice models

Summary of the rest of this book

Contingent Valuation

Introduction

Overview of contingent valuation

An R package for analyzing SBDC and DBDC CV data

Parametric estimation of WTP

Nonparametric estimation of WTP

Concluding remarks

Discrete Choice Experiments

Introduction

Overview of DCEs

R functions for DCEs

Example DCEs using R

Concluding remarks

Best–Worst Scaling

Introduction

Outline of BWS

R functions for BWS

Example BWS using R

Concluding remarks

Basic Operations in R

Introduction

Getting started with R

Enhancing R

Importing and exporting data

Manipulating vectors and matrices

Data and object types

Implementing linear regression

Drawing figures

Appendix A: Other Packages Related to This Book

Appendix B: Examples of Contrivance in Empirical Studies

Bibliography

Index

Name: Stated Preference Methods Using R (Hardback)Chapman and Hall/CRC 
Description: By Hideo Aizaki, Tomoaki Nakatani, Kazuo Sato. Stated Preference Methods Using R explains how to use stated preference (SP) methods, which are a family of survey methods, to measure people’s preferences based on decision making in hypothetical choice situations. Along with giving...
Categories: Statistical Computing, Statistics for the Biological Sciences, Regression Analysis and Multivariate Statistics