[Limdep Nlogit List] Fwd: Problem in WTP calculation
Santa Dutta
send2santa83 at gmail.com
Sat Feb 16 05:13:15 EST 2008
Hi,
I was using NLOGIT for modeling utility equations. However, after
getting a model I cannot find the WTP for aparticular attribute for the
same. Can anyone please suggest me the suitable commands for the same.
The following is one of my utility model output:
*+---------------------------------------------+*
*| Random Parameters Logit Model |*
*| Maximum Likelihood Estimates |*
*| Model estimated: Nov 28, 2007 at 08:23:56PM.|*
*| Dependent variable C21CHOIC |*
*| Weighting variable None |*
*| Number of observations 520 |*
*| Iterations completed 12 |*
*| Log likelihood function -97.69504 |*
*| Restricted log likelihood -180.2183 |*
*| Chi squared 165.0465 |*
*| Degrees of freedom 6 |*
*| Prob[ChiSqd > value] = .0000000 |*
*| R2=1-LogL/LogL* Log-L fncn R-sqrd RsqAdj |*
*| No coefficients -180.2183 .45791 .44944 |*
*| Constants only -172.2408 .43280 .42394 |*
*| At start values -98.9398 .01258 -.00285 |*
*| Response data are given as ind. choice. |*
*+---------------------------------------------+*
*- mailed.xls*
*+---------------------------------------------+*
*| Random Parameters Logit Model |*
*| Replications for simulated probs. = 500 |*
*| Halton sequences used for simulations |*
*| Number of obs.= 130, skipped 0 bad obs. |*
*+---------------------------------------------+*
*+---------+--------------+----------------+--------+---------+*
*|Variable | Coefficient | Standard Error |b/St.Er.|P[|Z|>z] |*
*+---------+--------------+----------------+--------+---------+*
*Random parameters in utility functions*
*TTPERKM -5.250336426 1.3999099 -3.750 .0002 - mailed.xls*
*C21FREQ -.6108245638E-01 .20781952E-01 -2.939 .0033 - mailed.xls*
*DLE1 1.384725948 .34722051 3.988 .0001 - mailed.xls*
*DLE2 .1047650348 .25099881 .417 .6764 - mailed.xls*
*DLE3 .2431614261 .44647020 .545 .5860 - mailed.xls*
*Nonrandom parameters in utility functions*
*FARECODE -.5696933158E-01 .75963494E-01 -.750 .4533 - mailed.xls*
*Derived standard deviations of parameter distributions*
*TsTTPERK 5.250336426 1.3999099 3.750 .0002 - mailed.xls*
*TsC21FRE .6108245638E-01 .20781952E-01 2.939 .0033 - mailed.xls*
*TsDLE1 1.384725948 .34722051 3.988 .0001 - mailed.xls*
*TsDLE2 .1047650348 .25099881 .417 .6764 - mailed.xls*
*TsDLE3 .2431614261 .44647020 .545 .5860 - mailed.xls*
*(Note: E+nn or E-nn means multiply by 10 to + or -nn power.)*
*- mailed.xls*
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