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Re: st: Double bounded WTP
Henrik Andersson <[email protected]>:
You may find it helpful to look at the code in these:
http://ideas.repec.org/c/boc/bocode/s456808.html
http://ideas.repec.org/p/boc/asug07/8.html
On 12/4/07, Henrik Andersson <[email protected]> wrote:
> Hi,
>
> I would to maximize the likelihood function for interval data from a dichotomous stated preference study. In this kind of study respondents are first asked if they are accepting to pay a certain bid (bid0). Depending on their answer they are then asked whether they accept a second higher bid (bid1) if they answered yes to the first question and a second lower bid if they answered no (bid 2).
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