Dear Statalists,
I have a question regarding how to calculate WTP values using the command 'nlcom'
after running a latent class analysis using 'lclogit'.
I know that I can use the 'wtp' command where you can specify choice equation and
that the command uses nlcom to calculate WTP values. Ex:
However, I wonder how I can specify choice equation and calculate WTP for the
respective class using the nlcom command. This is of course after the results
using the 'lclogitml'. I know how to calculate WTP using nlcom command,
but not to specify the choice equation.
Thank you
Anders
I have a question regarding how to calculate WTP values using the command 'nlcom'
after running a latent class analysis using 'lclogit'.
I know that I can use the 'wtp' command where you can specify choice equation and
that the command uses nlcom to calculate WTP values. Ex:
Code:
wtp cost turb eng Vest, equation(choice1)
respective class using the nlcom command. This is of course after the results
using the 'lclogitml'. I know how to calculate WTP using nlcom command,
but not to specify the choice equation.
Thank you
Anders
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