Hello,
I'm looking for a way to solve this equation in Stata:
0.1(w+2000000)^(1-r) + 0.9(w-z)^(1-r) = w^(1-r)
where w = individual income
z= willingness to pay for a lottery
I'd like to find r that is the risk preference coefficient.
The data set is at individual level.
Thank you very much for your help!
Related Posts with how to solve for a nonlinear equation
Get name of specific variable which name is equal to another value of a variableI have a study where I am to look 28 days back in time before an event to see if the patients were w…
Instrumental variable analysis with multiple imputationHello all, I will please like to find out if IV analysis works with imputed data (i.e using multipl…
Stata dropping interacting Time Period Covariates. Can't figure out why.Good Morning. I am trying to run a simple descriptive regression on a year-district (1964-2002, ~40…
Logit & conformability error in inteff I am using a survey data to run a logit regression, and currently I am testing the interactions of …
Drop variables based on nameHi, I have a dataset with 100 variables, 50 of which are called Xi_ante and 50 of which are called X…
Subscribe to:
Post Comments (Atom)
0 Response to how to solve for a nonlinear equation
Post a Comment