Dear All,
I calculated the willingness to pay by stata 11.0 from 2 equations.
1.
and
2.
why are coef. present a different value?
Thank you very much
Best Wishes
Sukunta Muadthong
I calculated the willingness to pay by stata 11.0 from 2 equations.
1.
Code:
nlcom ((_b[ba_salary]*15000)+_b[inf7]+_b[log7]+_b[ asc])/(-_b[ ba_salary]) _nl_1: ((_b[ba_salary]*15000)+_b[inf7]+_b[log7]+_b[ asc])/(-_b[ ba_salary]) ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 6551.413 1530.388 4.28 0.000 3551.907 9550.919 ------------------------------------------------------------------------------
2.
Code:
nlcom (_b[ba_salary]*15000)+_b[inf7]+_b[log7]+_b[ asc]/(-_b[ ba_salary]) _nl_1: (_b[ba_salary]*15000)+_b[inf7]+_b[log7]+_b[ asc]/(-_b[ ba_salary]) ------------------------------------------------------------------------------ choice | Coef. Std. Err. z P>|z| [95% Conf. Interval] -------------+---------------------------------------------------------------- _nl_1 | 16676.88 1497.943 11.13 0.000 13740.97 19612.8 ------------------------------------------------------------------------------
Thank you very much
Best Wishes
Sukunta Muadthong
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