[Limdep Nlogit List] Simulating WTP command
Harold Mayaba
mayabach2009 at yahoo.com
Sat Apr 15 16:08:58 AEST 2023
Dear Professor Greene and Nlogit users,
Can someone please help me with the command I could use to generate WTP figures in combination with the syntax below:
NLOGIT
; lhs = choice
;hr2=one
; choices = alt1, alt2, none
;rpl = male, age, income
;fcn= caged(n) ,acdoors(n), nprs(n|#000),cert1(n|#000),cert2(n|#000),mmort(n|#000),hmort(n|#000)
;pds =10
; pts = 500
;maxit=200
;describe
;crosstab
;pwt
;effects:caged(*)/acdoors(*)/price(*)
;full
;parameters
; halton
;effects: caged (*) /acdoors(*)/price(*)
;wtp=caged/price,acdoors/price,nprs/price ,cert2/price
,hmort/price
; model:
U(alt1) = caged*caged+acdoors*acdoors+nprs*nprs+cert1*cert1+ cert2*cert2+mmort*mmort+hmort*hmort +price*price/
U(alt2) =caged*caged+acdoors*acdoors+nprs*nprs+cert1*cert1+cert2*cert2+mmort*mmort+hmort*hmort +price*price/
U(None) = None$
Regards
Harold
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