Hi All,
How do we interpret the results from a Nested Logit model?
Taking the example that Stata uses under ''help nlogit'; following is the equation that is estimated and the results thereof:
webuse restaurant
nlogitgen type = restaurant(fast: Freebirds | MamasPizza, family: CafeEccell | LosNortenos | WingsNmore, fancy: Christophers | MadCows) ///classifying data as nests
nlogit chosen cost distance rating || type: income kids, base(family) || restaurant:, noconst case(family_id) ////Performing nlogit
///Results from the above nlogit regression are:
Array
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