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  • Estimating WTP after biprobit

    Hello. I have a problem estimating the WTP after running the biprobit model. Any help would be highly appreciated.

  • #2
    Rezgar:
    welcome to this forum.
    As per FAQ, please post what you typed and what Stata gave you back. Thanks.
    Kind regards,
    Carlo
    (Stata 19.0)

    Comment


    • #3
      Dear Dr. Carlo Lazzaro,

      Thank you for the clarification. This is my model:
      biprobit bid1 bid2 perception knowledge age income
      where
      bid1=1 if the response to the first question is yes, and 0 otherwise
      bid2=1 if the response to the second question is yes, and 0 otherwise
      perception, knowledge, and income are categorical variables
      age is a continuous variable

      when I try to run this model:
      wtpcikr perception knowledge age income, equation(bid1)
      I receive this message:
      factor-variable and time-series operators not allowed

      Thank you for your assistance.

      Comment


      • #4
        Rezgar:
        what if you type:
        Code:
        xi: wtpcikr perception knowledge age income, equation(bid1)
        Kind regards,
        Carlo
        (Stata 19.0)

        Comment


        • #5
          Dear Dr. Lazzaro,

          It worked. I greatly appreciate your help.

          Best regards,
          Rezgar

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