Dear all,
I'm trying to estimate a nested logit myself. Due to the computational burden of the estimation process of the FIML, I'd like to estimate the nested logit model by estimating two sequential logits (LIML) as described in Greene (2002) p.729 onwards or Train(2002) p.97. I couldn't find a handy example neither with or without stata code.
Could someone explain the steps that are needed in order to estimate a model similar to the one of the example (restaurant) of statas nlogit command?
webuse restaurant
nlogitgen type = restaurant(fast: Freebirds | MamasPizza, family: CafeEccell
| LosNortenos | WingsNmore, fancy: Christophers | MadCows)
nlogit chosen cost distance rating || type: income kids, base(family) ||
restaurant:, noconst case(family_id)
RUM-consistent nested logit regression Number of obs = 2100
Case variable: family_id Number of cases = 300
Alternative variable: restaurant Alts per case: min = 7
avg = 7.0
max = 7
Wald chi2(7) = 46.71
Log likelihood = -485.47331 Prob > chi2 = 0.0000
------------------------------------------------------------------------------
chosen | Coef. Std. Err. z P>|z| [95% Conf. Interval]
-------------+----------------------------------------------------------------
restaurant |
cost | -.1843847 .0933975 -1.97 0.048 -.3674404 -.0013289
distance | -.3797474 .1003828 -3.78 0.000 -.5764941 -.1830007
rating | .463694 .3264935 1.42 0.156 -.1762215 1.10361
------------------------------------------------------------------------------
type equations
------------------------------------------------------------------------------
fast |
income | -.0266038 .0117306 -2.27 0.023 -.0495952 -.0036123
kids | -.0872584 .1385026 -0.63 0.529 -.3587184 .1842016
-------------+----------------------------------------------------------------
family |
income | 0 (base)
kids | 0 (base)
-------------+----------------------------------------------------------------
fancy |
income | .0461827 .0090936 5.08 0.000 .0283595 .0640059
kids | -.3959413 .1220356 -3.24 0.001 -.6351267 -.1567559
------------------------------------------------------------------------------
dissimilarity parameters
------------------------------------------------------------------------------
type |
/fast_tau | 1.712878 1.48685 -1.201295 4.627051
/family_tau | 2.505113 .9646351 .614463 4.395763
/fancy_tau | 4.099844 2.810123 -1.407896 9.607583
------------------------------------------------------------------------------
LR test for IIA (tau = 1): chi2(3) = 6.87 Prob > chi2 = 0.0762
------------------------------------------------------------------------------
1.) How to set up the two logit specifications?
2.) How to calculate the Inclusive values?
Best
Julian
Related Posts with Nested Logit - sequential Estimation
Formatting numbers saved in a local and using these in a text outputHello community! I am having troubles understanding the formatting of numbers, or more likely under…
putpdf "failed to add paragraph" when savingI am using putpdf to save 2 .png files into one pdf document. Code: putpdf begin putpdf paragraph…
Regression help on statistical significanceHi all! I am an econ student finishing my bachelor thesis and I have an econometrics section coming…
calculating an average across observations which have common characteristicsI am attempting to calculate an average (mean) across observations which have common characteristics…
How to change local stringsLet's say I want to change the content of string local named asdf from q to 2. I tried this Code: …
Subscribe to:
Post Comments (Atom)
0 Response to Nested Logit - sequential Estimation
Post a Comment