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cash  

Discrete Choice and Competitive Reactions: End-to-End Simulation
View on CRAN: Click here


Download and install cash package within the R console
Install from CRAN:
install.packages("cash")

Install from Github:
library("remotes")
install_github("cran/cash")

Install by package version:
library("remotes")
install_version("cash", "1.0.3")



Attach the package and use:
library("cash")
Maintained by
Jan H. R. Dressler
[Scholar Profile | Author Map]
All associated links for this package
First Published: 2026-06-09
Latest Update: 2026-06-09
Description:
Although discrete choice (choice-based conjoint) analysis has become a widely used technique for the elicitation of consumer preferences and hence a foundation for product design, to the best of our knowledge, there exists neither free and open-source nor commercial software that covers the game-theoretic simulation of competitive reactions among firms based on discrete choice models to improve decision making beyond traditional product (line) optimization. The package does not only provide functions to fill this gap but comprises an entire simulation pipeline including the upstream processes of discrete choice analysis itself. It ranges from preference generation, choice design, design assessment, error and response simulation, through hierarchical Bayesian estimation of mixed logit models as well as convergence and model assessment, to Nash equilibrium computation. Doing so, it partly draws from established packages concerned with discrete choice analysis. While its structure generally aims towards end-to-end simulation as well as simulation of competitive dynamics based on real data, all its key elements mentioned above may be of use independently of each other. A paper accompanying the package will be available and linked here shortly.
How to cite:
Jan H. R. Dressler (2026). cash: Discrete Choice and Competitive Reactions: End-to-End Simulation. R package version 1.0.3, https://cran.r-project.org/web/packages/cash. Accessed 24 Oct. 2026.
Previous versions and publish date:
(2026-07-09 07:24), 1.0.2 (2026-06-09 09:20)
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