knitr::opts_chunk$set( collapse = TRUE, comment = "#>", fig.path = "man/figures/README-", out.width = "100%" )
The goal of discountr is to provide data analysis tools for discounting studies.
You can install the development version from GitHub with:
# install.packages("devtools") devtools::install_github("mncube/discountr")
This is a basic example which shows you how to compute the area under the empirical discounting function using the trapezoid approximation as described in:
Myerson, J., Green, L., & Warusawitharana, M. (2001). Area under the curve as a measure of discounting. Journal of the experimental analysis of behavior, 76 2, 235-43 .
library(discountr) #Create data frame with successive delays and subjective values df_disc <- data.frame(delay = sample(1:100, 50, replace = FALSE), value = sample(1:100, 50, replace = TRUE)) #Normalize data in preparation for the auc calculation #This will ensure that the auc is between 0 and 1 df_disc$delay <- df_disc$delay/max(df_disc$delay) df_disc$value <- df_disc$value/max(df_disc$value) #Calculate the area under the curve output_disc <- trap_auc(df_disc, x = delay, y = value) #Get the total area under the curve (i.e., sum over trapezoids) output_disc$total #Get the data frame containing the area under the curve for each trapezoid head(output_disc$data)
You can also convert the data frame to trapazoidal form and then explicitly provide the x_lead and y_lead values when computing the area under the empirical discounting function:
#Create data frame with successive delays and subjective values df_disc_2 <- data.frame(delay = sample(1:100, 50, replace = FALSE), value = sample(1:100, 50, replace = TRUE)) #Normalize data in preparation for auc calculation df_disc_2$delay <- df_disc_2$delay/max(df_disc_2$delay) df_disc_2$value <- df_disc_2$value/max(df_disc_2$value) #Reformat data in preparation to compute the trapezoidal auc #The resulting data frame will have two new columns: #delay_lead and value_lead df_disc_2 <- traper(df_disc_2, x = delay, y = value, rename = TRUE) #Calculate the area under the curve explicitly defining x_lead and y_lead output_disc_2<- trap_auc(df_disc_2, x = delay, y = value, x_lead = delay_lead, y_lead = value_lead) #Get the total area under the curve (i.e., sum over trapezoids) output_disc_2$total #Get the data frame containing the area under the curve for each trapezoid head(output_disc_2$data)
The package also contains functions to compute the exponential discounting model (commonly used in economics) and the hyperbolic-like discounting model (commonly used in behavioral data analysis)
#Set up values for models. In this example assume that rewards are in dollars and delays are in days A <- 100 #True amount of reward (in dollars for this example) b <- 1/10 #Discounting rate parameter X <- 2 #Delay (in days for his example) s <- 2 #Non-linear scaling factor #Exponential model (Standard economic account) discount_exp(A = A, b = b, X = X) #Hyperbolic-like model (Behavioral model) discount_hypl(A = A, b = b, X = X, s = s) #Hyperbolic model (Behavioral model, must use s = 1) discount_hypl(A = A, b = b, X = X, s = 1)
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