compute_economic_value: Compute Economic Values Based On Price Changes

Description Usage Arguments Value

Description

In this function, the economic value is computed as the change in expected average price over a population for a given change in the population mean. The computation of the economic value is simplified by the assumption that the costs can be kept constant for the different levels of the population mean. Futhermore, we assume that the change in population mean does not change the amount of product produced. The result is standardized and expressed per unit of the trait.

Usage

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compute_economic_value(pn_mean, pn_sd, pvec_class_freq = NULL,
  pvec_threshold = NULL, pvec_price, pn_delta_mean, pn_gen_sd = NULL,
  pb_verbose = FALSE)

Arguments

pn_mean

empirical population mean

pn_sd

empirical population standard deviation

pvec_class_freq

vector of empirical trait frequencies

pvec_threshold

vector of thresholds given by payment system

pvec_price

vector of prices given by payment system

pn_delta_mean

small change of population mean

pn_gen_sd

genetic standard deviation of trait

pb_verbose

level of output verbosity

Value

ev_result list of two economic values, per unit trait and per genetic sd, if pn_gen_sd is given


pvrqualitasag/MeatValueIndex documentation built on May 13, 2019, 4:44 p.m.