[Limdep Nlogit List] Error in random parameter logit model
Richard Tay
rtay888 at gmail.com
Wed Mar 15 16:04:57 AEDT 2017
I tried to run a random binary logit model and got an error saying that:
Initial iterations cannot improve function.Status=3
Error: 805: Initial iterations cannot improve function.Status=3
Function= .11790081894D+05, at entry, .11790081894D+05 at exit
What does this mean? In Nlogit, with the "logit; rpm $" command, the program
will run the standard binary logit model first and use the estimate as start
points for the rpm. The program run the standard logit without giving any
errors but give an error when trying to estimate the rpm. Does this mean
that there is no random coefficients and the standard binary logit model is
OK?
Cheers,
Rich
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