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DCchoice (version 0.1.0)

KR: Kristr\"om's single-bounded dichotomous choice CVM data

Description

A single-bounded dichotomous choice CVM data analyzed in Kristr\"om (1990).

Usage

data(KR)

Arguments

Format

A data frame of single-bounded dichotomous choice contingent valuation survey data. The number of observations is 562.

bid1

a vector of bids expressd in SEK.

R1

a vector of binary dummies equal to 1 if the bid is accepted and 0 otherwise.

Details

The data consist of the responses to the single-bounded dichotomous choice survey for a sample of 562 Swedes regarding preservation of the eleven virgin forests in Sweden. See Kristr\"om (1990) for more details.

References

Kristr\"om B (1990). “A Non-Parametric Approach to the Estimation of Welfare Measures in Discrete Response Valuation Studies.” Land Economics, 66(2), 135--139.