Deliverable specification 4.3 Integrate the summary of the Monte Carlo simulation into the summary method of the Welfare Decision Analysis.

[l-goehring]

The summary of the Monte Carlo simulation shall be integrated into the summary method of the Welfare Decision Analysis. In particular this requires for the methods summary.mcSimulation() and summary.welfareDecisionAnalysis():

• [x] 1. review output structure and integrate the call hierarchy in a consistent way:
• [x] 2. chance_loss, chance_zero, chance_gain
  • move from summary.mcSimulation() to summary.welfareDecisionAnalysis() because they are semantically part of the economic sphere;
  • rename to plPa, pZero, pnbPa, because this uses the terminology used in the rest of the package (in particular enbPa and elPa).
• [x] 3. document the return values of each function explicitly
• [x] 4. in method summary.welfareDecisionAnalysis():
  1. add argument probs=c(0, 0.05, 0.1, 0.25, 0.5, 0.75, 0.9, 0.95, 1)
  2. add argument moments=c("mean", "sd", "skewness")
• [x] 5. Finally check if these functions need to be adapted:
  • [x] summary.eviSimulation()
  • [x] decisionSupport()

[l-goehring]

Dear Eike @eikeluedeling,

I resolved this issue with commit 6d8c8e34489236db7f186fb354d7cacb91d0872f. Please

• checkout from: https://github.com/l-goehring/decisionSupport/tree/6d8c8e34489236db7f186fb354d7cacb91d0872f or
• download zip: https://github.com/l-goehring/decisionSupport/archive/6d8c8e34489236db7f186fb354d7cacb91d0872f.zip

and let me know here, if you agree. You can use the new examples in the help pages of the functions summary.mcSimulation() and summary.welfareDecisionAnalysis().

I will then tag this state and try to close this issue in the same time ;-)

Cheers, Lutz

[eikeluedeling]

Hi Lutz @l-goehring , how do I test this now? I tried a few things (install zip file, clone in git), but I'm not seeing any example for these two functions. I'm probably doing something wrong... Cheers, Eike

[l-goehring]

Dear Eike @eikeluedeling,

I hope that the following helps you:

1. download the zip file: https://github.com/l-goehring/decisionSupport/archive/6d8c8e34489236db7f186fb354d7cacb91d0872f.zip
2. save the zip file
3. extract the zip file to directory, say decisionSupport-test
4. open directory decisionSupport-test with file browser
5. open the RStudio project file decisionSupport.Rproj with RStudion
6. In RStudio
   1. build and reload the downloaded packag version: In Menu Build -> Build and Reload or use key shortcut 'CTRL+SHIFT+B'.
   2. In the R console type: help(summary.mcSimulation). Then in the Help window, the corresponding help file shall appear.
   3. In the help file scroll down to the Example section and run the examples.
   4. analogously for summary.welfareDecisionAnalysis
   5. Restore the official package version: in the R console:
      1. >detach(package:decisionSupport,unload=TRUE)
      2. >install.packages("decisionSupport")

Hope that that helps!

Cheers, Lutz