I have successfully run a mlogit like this:
Base3<-mlogit(choice ~ return + risk + measure + pureplay + bestinclass + fee, Data,
rpar=c(return = 'n', risk = 'n', measure = 'n', pureplay = 'n'),
R = 100, halton = NA, panel = TRUE)
Now i would like to see the marginal effects of the attributes and tried this:
effects(Base3, covariate = "return", type = "ar")
I have tried different attributes under "covariate" and also to take it out completely but i always get the error message:
Error in mlogit(formula = choice ~ return + risk + measure + pureplay + : no individual index
I would really appreciate some help on why this happens. Thank you!