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Stated Preference Methods Using R (Hardcover)
Loot Price: R4,935
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Stated Preference Methods Using R (Hardcover)
Series: Chapman & Hall/CRC The R Series
Expected to ship within 12 - 19 working days
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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.
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