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  • Estimating part-worth utilities in STATA

    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

  • #2
    Dear Bibek,

    A good place to start is to install the user made package by Joseph N Luchman, domin, which you can install on your system with the following command:
    Code:
    ssc install domin
    h domin
    In the help file you will find several references of interest.
    Also, you can find and download (some) of his papers from ResearchGate.

    Best,
    Eric
    http://publicationslist.org/eric.melse

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