Ben
Perhaps you can specify your question more precisely, or differently.
The way I interpret it, if there are no interactions in price
(e.g. you get a discount for buying more than one book at a time)
or in value (e.g. you learn more from one book having read another),
then you get the
Hi:
Are you perhaps thinking of conjoint analysis?
Dennis
On Wed, Jan 5, 2011 at 1:30 AM, Graham Smith myotis...@gmail.com wrote:
Ben
Perhaps you can specify your question more precisely, or differently.
The way I interpret it, if there are no interactions in price
(e.g. you get a
David,
I think a similar argument at the margins would show that even if the
task were specified as maximal value with a budget, simply ordering by the
value/price and buying until the cumsum of the price was greater than budget
would solve the alternate statement of the problem. I suppose
Denis,
Are you perhaps thinking of conjoint analysis?
Thanks, but as far as I can make out, having just looked at conjoint
analysis, it looks like some form of discriminant analysis, which is not
what I am looking for.
I only have two variables cost and value. I am ignoring how you
On Wed, Jan 5, 2011 at 12:29 PM, Graham Smith myotis...@gmail.com wrote:
maximal choices would break the budget. This sounds like a homework problem
and I don't see any student effort yet. Search terms include: decision
analysis , cost-benefit analysis, or utility theory.
Hopefully, my
Liviu
Try this:
require(sos)
findFn('cost benefit')
found 12 matches
Thanks, I wasn't aware of sos, however, following up the hits hasn't moved
me any further forward, except to demonstrate that such a function I want
doesn't exist.
But I will try some other search options.
Graham
I assume this has a proper name, but I don't know what it is and wondered
if anyone knew of a package that might do the following, or something
similar.
As an example, assume I have borrowed and read 10 books on R , and I have
subjectively given each of them a value score in terms of how useful
Graham Smith myotistwo at gmail.com writes:
I assume this has a proper name, but I don't know what it is and wondered
if anyone knew of a package that might do the following, or something
similar.
As an example, assume I have borrowed and read 10 books on R , and I have
subjectively
On Jan 4, 2011, at 9:03 PM, Ben Bolker wrote:
Graham Smith myotistwo at gmail.com writes:
I assume this has a proper name, but I don't know what it is and
wondered
if anyone knew of a package that might do the following, or something
similar.
As an example, assume I have borrowed and
9 matches
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