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st: continuous data measured as ordinal catogories


From   Shehzad Ali <[email protected]>
To   Stata List <[email protected]>
Subject   st: continuous data measured as ordinal catogories
Date   Thu, 8 Apr 2010 22:05:42 +0000 (GMT)

Hi listers,

This question is probably beyond the scope of this list (so apologies in advance). I am dealing with an odd dataset in which willingness-to-pay has been measured using the following categories:

$1 per month
$5 per month
$10 per month
Any other amount/month

I find this data very odd for the purpose of analysis (regression or other statistical methods). I want to model the relationship of willingness-to-pay and respondent characteristics. I wonder if someone on the list has any thoughts.

Many thanks,
Shehzad



      

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