SINGLEB: Stata module to compute Contingent Valuation using Single-Bounded Dichotomous Choice
This command uses maximum likelihood (under the assumption of normality) to estimate the single-bounded dichotomous choice model for contingent valuation (Cameron and James, 1987). This command provides an alternative to the estimation via probit. The main advantage of this procedure is that we directly obtain point estimates (and standard errors) for the marginal effects of a change in the explanatory variable on the WTP.
|Requires:||Stata version 10.1|
|Date of creation:||29 Jun 2011|
|Date of revision:||30 Sep 2013|
|Note:||This module should be installed from within Stata by typing "ssc install singleb". Windows users should not attempt to download these files with a web browser.|
|Contact details of provider:|| Postal: Boston College, 140 Commonwealth Avenue, Chestnut Hill MA 02467 USA|
Web page: http://fmwww.bc.edu/EC/
More information through EDIRC
|Order Information:||Web: http://repec.org/docs/ssc.php|
When requesting a correction, please mention this item's handle: RePEc:boc:bocode:s457298. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F Baum)
If references are entirely missing, you can add them using this form.