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The R package beezdemand: Behavioral Economic Easy Demand
Brent A Kaplan1, Shawn P Gilroy2, Derek D Reed3
11Virginia Tech Carilion Research Institute, Virginia Polytechnic Institute and State University, 1 Riverside Circle, Roanoke, VA 24016 USA.
Introducing beezdemand, a free software package for behavioral economic demand analysis. It offers extensive functionality for modeling operant demand, consistent with commercial options but with broader capabilities for researchers.
Area of Science:
- Behavioral Economics
- Psychology
- Data Analysis
Background:
- Behavioral economics research often requires specialized software for demand analysis.
- Existing commercial software may have limitations in functionality and accessibility.
Purpose of the Study:
- To introduce and evaluate beezdemand, a novel, free, and open-source software package.
- To demonstrate beezdemand's utility in behavioral economic demand analysis.
Main Methods:
- Development of the beezdemand package, extending a statistical program.
- Implementation of data screening, demand modeling, and measure calculation.
- Comparative analysis of beezdemand against GraphPad Prism™ using real and simulated data.
Main Results:
- beezdemand provides results consistent with commercial software like GraphPad Prism™.
- The package offers a wider range of methods and functionalities beneficial for behavioral economic researchers.
- beezdemand supports common options for modeling operant demand.
Conclusions:
- beezdemand is a valuable, free, and open-source tool for behavioral economic demand analysis.
- The package enhances the capabilities available to researchers in this field.
- Considerations for the practical application of beezdemand are discussed.
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