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st: nested logit inclusive value parameters


From   "Wei Tan" <[email protected]>
To   [email protected]
Subject   st: nested logit inclusive value parameters
Date   Fri, 03 Oct 2003 02:05:19 +0800

Hi,

I am trying to estimate nested logit model using stata. According to Mcfadden's model, the inclusive value should be between 0 and 1. but in the stata reference book, the estimated inclusive value parameters are above 1.

Is the stata estimates different from McFadden's model?

thanks

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