computeConsumerSurplus: Computes the expected cumulative consumer surplus

Description Usage Arguments Value Author(s) See Also Examples

View source: R/Computation.r

Description

Computes the expected cumulative consumer surplus for a given Word-of-Mouth campaign at a given price.

Usage

1
computeConsumerSurplus(campaign, price)

Arguments

campaign

Word-of-Mouth campaign as instance of class WoMCampaign.

price

Price as number in [0; 1] where 0 is the minimal and 1 is the maximal price.

Value

Expected cumulative consumer surplus.

Author(s)

Michael Scholz michael.scholz@th-deg.de

Thomas Woehner Thomas.Woehner@eah-jena.de

Ralf Peters ralf.peters@wiwi.uni-halle.de

See Also

computeDemand computeProfit computeOptimalPrice

Examples

1
2
3
4
network <- new("WoMNetwork", size = 1000, avgConnections = 5)
campaign <- new("WoMCampaign", network = network, seedingSize = 10, forwardProbability = 0.2)
surplus <- computeConsumerSurplus(campaign, price = 0.5)
print(surplus)

WordOfMouth documentation built on Oct. 4, 2021, 5:08 p.m.