[Limdep Nlogit List] command to save likelihood estimates
Chris Rh
chrisrh at ymail.com
Fri Jun 18 05:25:06 EST 2010
Dear Bill,
I am trying to calculate the WTP derived from individual parameters as you proposed in Greene et al. 2005 in Scarpa & Alberini (eds). The WTP estimator that you propose therein weights each conditional parameter estimate by its contribution to "the likelihood function computed at the r'th draw of each individual" (p.30). So, I need not only the choice-specific conditional parameters that NLOGIT saves when the ;par command is added, but also a command to obtain the likelihood function associated with each of the choice-specific conditional parameters. Is there a command to obtain these likelihood estimates in NLOGIT? If not, how do proceed to calculate the WTP estimator that you propose in this text?
Thanks for clarification,
Christoph
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