[Limdep Nlogit List] Help for a Limdep neophyte
William Greene
wgreene at stern.nyu.edu
Sun Sep 16 23:44:58 EST 2007
Mr. Edwards. For the second logit model, you have to figure out what you
want to do with the other variables in the model - where to fix them - so
this applies to the first. If you want to plot it as a function of
BID, you should first find out what range to be plotting over. You might
do this:
BLOGIT ; LHS = YPAY ; RHS = one,bid $
CALC ; LowBid = Min(bid) ; HighBid = Max(bid) ; MedBid = Med(bid)
; b1 = b(1) ; b2 = b(2) $
SAMPLE ; 1 $
FPLOT ; labels = Bids
; Limits=LowBid,HighBid
; Start = MedBid
; Plot (Bids)
; Pts = 200
; Fcn = 1/(1+exp(b1 - b2*bids)) $
SAMPLE ; All $
This will plot the function values for the values in the range of
bids. That said, I took your word for it that that was the function you
wanted, but it doesn't look right to me. You have the wrong sign on
b2 in there.
/Bill Greene
----- Original Message -----
From: "Peter Edwards" <pedwards at UDel.Edu>
To: limdep at limdep.itls.usyd.edu.au
Sent: Saturday, September 15, 2007 1:35:25 PM (GMT-0500) Auto-Detected
Subject: [Limdep Nlogit List] Help for a Limdep neophyte
Hello,
I am NLOGIT newbie who is stumbling thru trying to figure out stuff.
I am analysing a set of Dichotomous choice data. I have calculated WTP
estmates etc. Now I am trying to understand how to display some of the
descriptive statistics. Also I am trying to figure out how to plot the PDF
and CDF based on my estimation results.
for example from the basic estimation(s) below, how do I plot the Prob
density function?
BLOGIT; LHS=YPAY; RHS=ONE,BID$
BLOGIT; LHS=YPAY;
RHS=ONE,BID,TRPJAM,NIGHTS,PERS,AGE,FEM,AGESQ,HSCH,COLLGE,GRAD
I tried the following...but it is wrong....
FPLOT ; labels=(ypay)
;plot(ypay)
;limits=0,200
;start=0
;pts=100
;Fcn=1/(1+exp(b(1)-b(2)(bid)))$
I have been stumbling through the manuals but I have not been be able to get
it right.
PETER EDWARDS
++++++++++++++++++++++++++++++++
Peter E.T. Edwards
PhD. Candidate
Graduate College of Marine Studies
Room 312 Robinson Hall
Newark, DE 19716
http://www.ocean.udel.edu/graduate/marpol/marpol.html
_______________________________________________
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--
Professor William Greene
Department of Economics
Stern School of Business
New York University
44 West 4th St., Rm. 7-78
New York, NY 10012
http://www.stern.nyu.edu/~wgreene
212.998.0876
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