Dears,
I have a question regarding the command lclogitwtp2.
why lclogitwtp2, cost(price) post with a constrain of the type constraint 1 [Class1]price =0 reports an error and does not calculate the ratios for class2 only?
Willingness-to-pay (WTP) coefficients
--------------------------------
WTP for | Class1 Class2
-------------+------------------
ASC_1 | . 0.926
ASC_2 | . 0.349
ASC_3 | . -1.069
--------------------------------
Please wait: -nlcom- is calculating standard errors for the WTP coefficients.
expression (_b[Class1:ASC_1] / (-1 * _b[Class1:price])) evaluates to missing
r(498);
Is there a solution.
Thanks
Federica
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