Hi,
I am using the following conditional logit model to estimate the willingness to pay for insurance based on discrete choice experiment data.
clogit choice premium deductible sum_insured, group (id)
I want to estimate the relative importance of three independent variables (premium, deductible, sum_insured). I guess, i cannot do it by simply looking at their coefficients from the model. How can I do it in stata? Is there any method to calculate part-worth utilities in STATA?
Regards,
Bibek
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