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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
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