[Limdep Nlogit List] estimate the elasticity
邱順波
spchiou at gmail.com
Mon Apr 23 19:13:56 EST 2007
Dear all:
I estimated the elasticity, using "effects:INTU(*)" in limdep.
The set of results as shown in the following:
choice=s1.......3.350 3.350
*choice=s2.......-7.177 -7.177
choice=s3.......3.350 3.350
* indicates direct Elasticity effect of the attribute.
so, I can explain the direct elasticity effect --the effect of a change in
INTU in choice s2 one the probability that individual would choose
alternative s2 is -7.177. Right?
now, I have one question about ...why the effects on probabilities
of choice s1 & s3 both are 3.35.
Is it right? how to explain it?
Please help me, thanks.
spchiou at gmail.com
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