bootCI(obj, nboot = 1000, CI = 0.95, individual = NULL)
"print"(x, ...)
"dbchoice"
or "sbchoice"
."bootCI"
.bootCI()
returns an object of S3 class "bootCI"
.
An object of "bootCI"
is a list with the following components.-999
.-999
.The generic function print()
is available for the object of class
"bootCI"
and displays the table of simulated confidence intervals.The table contains the confidence intervals for the four types (mean, truncated mean,
truncated mean with adjustment and median) of WTP from the ML estimation.
The adjustment for the truncated mean WTP is implemented by the method of Boyle
et~al.(1988).krCI
.Hole (2007) conducted simulation experiments to compare the performance of the method of Krinsky and Robb (1986, 1990) with the bootstrap one.
A WTP of a specific individual (e.g., a representative respondent) can be estimated
when assigning covariates to individual
. See Example for details.
Hole AR (2007). A Comparison of Approaches to Estimating Confidence Intervals for Willingness to Pay Measure. Health Economics, 16, 827--840.
Krinsky I, Robb AL (1986). On Approximating the Statistical Properties of Elasticities. The Review of Economics and Statistics, 68, 715--719.
Krinsky I, Robb AL (1990). On Approximating the Statistical Properties of Elasticities: A Correction. The Review of Economics and Statistics, 72, 189--190.
krCI
, dbchoice
, sbchoice
## See Examples in dbchoice and sbchoice.
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