Hello,

I need to estimate utility from going to school in a discrete choice model.

In the dataset, I have some variables: "school" = 1 if a student go to school, = 0 if not; “dist” is distance to the closest higher education institution in kilometers, “parentcollege” is a dummy=1 if at least one of the child’s parents went to college, and "ability in math".

I know that for such binary choice model, I could do logit estimation. But it is to estimate the probability that a student go to school, right? I do not know how to estimate the utility from going to school?

If someone has an idea how to estimate the utility, plz kindly help me.

Thank you!!!