Triangular Output Final.txt

File Name: Triangular Output Final.lim Author: Robert Johnston, Clark University Created: 8/27/2009 Purposed: Output file for the LIMDEP model used to estimate WTP for the nonuse

benefits transfer.

--> RESET Initializing NLOGIT Version 4.0.1 (January 1, 2007).
--> RESET $ Initializing NLOGIT Version 4.0.1 (January 1, 2007). --> READ ; File ="D:\Rob Johnston\EPA STAR Project\Data\Formatted Data\Final ... --> CALC ; Ran(1) $ --> CREATE ; cost = -cost $ --> CREATE ; ne = neither $ --> NLOGIT ; Lhs = CHOICE

; Choices = A,B,N

; Rhs = ne, acres, migrant, catch, wild, access, ibi, cost

; RPL ; Fcn = ne(N), acres(N), migrant(N), access(N), catch(N), wild(N),

ibi...

; Parameters

; Pds = group_nu
; Pts = 100 ; Maxit = 1000 ; Halton
$

+---------------------------------------------+ | Discrete choice and multinomial logit models|

+---------------------------------------------+ Normal exit from iterations. Exit status=0.

+---------------------------------------------+ | Start values obtained using MNL model | | Maximum Likelihood Estimates | | Model estimated: Aug 27, 2009 at 01:14:46PM.| | Dependent variable Choice | | Weighting variable None | | Number of observations 831 | | Iterations completed 6 | | Log likelihood function -700.5880 | | Number of parameters 8 | | Info. Criterion: AIC = 1.70539 | | Finite Sample: AIC = 1.70560 | | Info. Criterion: BIC = 1.75085 | | Info. Criterion:HQIC = 1.72282 | | R2=1-LogL/LogL* Log-L fncn R-sqrd RsqAdj | | Constants only -775.6621 .09679 .08856 | | Response data are given as ind. choice. | | Number of obs.= 831, skipped 0 bad obs. |

+---------------------------------------------+

+---------------------------------------------+ | Notes No coefficients=> P(i,j)=1/J(i). | | Constants only => P(i,j) uses ASCs | | only. N(j)/N if fixed choice set. | | N(j) = total sample frequency for j | | N = total sample frequency. | | These 2 models are simple MNL models. | | R-sqrd = 1 - LogL(model)/logL(other) | | RsqAdj=1-[nJ/(nJ-nparm)]*(1-R-sqrd) | | nJ = sum over i, choice set sizes |

+---------------------------------------------+

+--------+--------------+----------------+--------+--------+ Page 1Triangular Output Final.txt

|Variable| Coefficient | Standard Error |b/St.Er.|P[|Z|>z]|

+--------+--------------+----------------+--------+--------+ NE | -.65035515 .24518331 -2.653 .0080 ACRES | .03201748 .00730013 4.386 .0000 MIGRANT | .01946522 .00543852 3.579 .0003 ACCESS | .86711565 .10501132 8.257 .0000 CATCH | -.00385199 .00556384 -.692 .4887 WILD | .01288355 .00566784 2.273 .0230 IBI | .705949D-04 .01093942 .006 .9949 COST | .02910155 .00391855 7.427 .0000

Normal exit from iterations. Exit status=0.

+---------------------------------------------+ | Random Parameters Logit Model | | Maximum Likelihood Estimates | | Model estimated: Aug 27, 2009 at 01:16:43PM.| | Dependent variable CHOICE | | Weighting variable None | | Number of observations 831 | | Iterations completed 50 | | Log likelihood function -621.5760 | | Number of parameters 15 | | Info. Criterion: AIC = 1.53207 | | Finite Sample: AIC = 1.53278 | | Info. Criterion: BIC = 1.61732 | | Info. Criterion:HQIC = 1.56476 | | Restricted log likelihood -912.9468 | | McFadden Pseudo R-squared .3191542 | | Chi squared 582.7416 | | Degrees of freedom 15 | | Prob[ChiSqd > value] = .0000000 | | R2=1-LogL/LogL* Log-L fncn R-sqrd RsqAdj | | No coefficients -912.9468 .31915 .31295 | | Constants only -775.6621 .19865 .19135 | | At start values -698.1634 .10970 .10159 | | Response data are given as ind. choice. |

+---------------------------------------------+

+---------------------------------------------+ | Notes No coefficients=> P(i,j)=1/J(i). | | Constants only => P(i,j) uses ASCs | | only. N(j)/N if fixed choice set. | | N(j) = total sample frequency for j | | N = total sample frequency. | | These 2 models are simple MNL models. | | R-sqrd = 1 - LogL(model)/logL(other) | | RsqAdj=1-[nJ/(nJ-nparm)]*(1-R-sqrd) | | nJ = sum over i, choice set sizes |

+---------------------------------------------+

+---------------------------------------------+ | Random Parameters Logit Model | | Replications for simulated probs. = 100 | | Halton sequences used for simulations | | ------------------------------------------- | | RPL model with panel has 287 groups. | | Variable number of obs./group =GROUP_NU | | Random parameters model was specified | | ------------------------------------------- | | Number of obs.= 831, skipped 0 bad obs. |

+---------------------------------------------+

+--------+--------------+----------------+--------+--------+ |Variable| Coefficient | Standard Error |b/St.Er.|P[|Z|>z]|

+--------+--------------+----------------+--------+--------+ Page 2Triangular Output Final.txt

---------+Random parameters in utility functions NE | -5.41166745 1.48884948 -3.635 .0003 ACRES | .04654272 .01279589 3.637 .0003 MIGRANT | .02801157 .00857586 3.266 .0011 ACCESS | 1.53818539 .27423592 5.609 .0000 CATCH | -.00402340 .00848176 -.474 .6352 WILD | .02449504 .00889006 2.755 .0059 IBI | .01586510 .01657016 .957 .3383 COST | .05148015 .00858307 5.998 .0000 ---------+Derived standard deviations of parameter distributions NsNE | 5.42425899 1.13962764 4.760 .0000 NsACRES | .07566045 .02817287 2.686 .0072 NsMIGRAN| .00358769 .01679823 .214 .8309 NsACCESS| 1.94968107 .37211574 5.239 .0000 NsCATCH | .03021816 .03079423 .981 .3264 NsWILD | .03129710 .02447046 1.279 .2009 NsIBI | .04257290 .03603880 1.181 .2375 TsCOST | .05148015 .00858307 5.998 .0000

--> SAVE;file="D:\Rob Johnston\EPA STAR Project\Models\Triangular Project 1.l...

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