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Stated Preference Methods Using R
Contributor(s): Aizaki, Hideo (Author), Nakatani, Tomoaki (Author), Sato, Kazuo (Author)
ISBN: 1439890471     ISBN-13: 9781439890479
Publisher: CRC Press
OUR PRICE:   $190.00  
Product Type: Hardcover - Other Formats
Published: August 2014
Qty:
Additional Information
BISAC Categories:
- Mathematics | Probability & Statistics - General
Dewey: 519.5
LCCN: 2014019441
Series: Chapman & Hall/CRC the R
Physical Information: 0.7" H x 6.1" W x 9.4" (1.10 lbs) 265 pages
 
Descriptions, Reviews, Etc.
Publisher 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.