KR {DCchoice} | R Documentation |

## 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)
```

### 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.

### Source

The data are used in Kristr\"om (1990).

The data are bundled in this package under kind permission from Professor Bengt Kristr\"om, Swedish University of Agricultural Sciences.

### 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.

*DCchoice*version 0.2.0 Index]