[Limdep Nlogit List] mean wtp in logit
Jae-Hwan Han
jaehwanhan at hotmail.com
Fri Sep 19 12:21:57 EST 2008
Hello limdepers
I am trying to calculate mean willingness to pay(WTP) in logit model.
Consumers were presented with a referendum question regarding their preferences of GM foods and a follow-up
question concerning their willingness to pay a premium for non-GM foods.
Bid is included in explanatory variables. I ran logit model and got results including marginal effects.
How do I get mean WTP?
Many thanks in advance.
Jae
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