Elasticities for CLOGIT +---------------------------------------------------+ | Elasticity averaged over observations.| | Attribute is INVT in choice AIR | | Mean St.Dev | | * Choice=AIR -.2055 .0666 | | Choice=TRAIN .0903 .0681 | | Choice=BUS .0903 .0681 | | Choice=CAR .0903 .0681 | +---------------------------------------------------+ | Attribute is INVT in choice TRAIN | | Choice=AIR .3568 .1231 | | * Choice=TRAIN -.9892 .5217 | | Choice=BUS .3568 .1231 | | Choice=CAR .3568 .1231 | +---------------------------------------------------+ | Attribute is INVT in choice BUS | | Choice=AIR .1889 .0743 | | Choice=TRAIN .1889 .0743 | | * Choice=BUS -1.2040 .4803 | | Choice=CAR .1889 .0743 | +---------------------------------------------------+ | Attribute is INVT in choice CAR | | Choice=AIR .3174 .1195 | | Choice=TRAIN .3174 .1195 | | Choice=BUS .3174 .1195 | | * Choice=CAR -.9510 .5504 | +---------------------------------------------------+ | Effects on probabilities of all choices in model: | | * = Direct Elasticity effect of the attribute. | +---------------------------------------------------+ Note the effect of IIA on the cross effects. Own effect Cross effects Elasticities are computed for each observation; the mean and standard deviation are then computed across the sample observations.
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