How an elasticity of a dummy variable is calculated and interpreted in transportation discrete choice models ?

Sina Sheikholeslami @Sina_Sheikholeslami3

11 November 2018 0 6K Report

I've been tolled that there is three different ways of calculating an elasticity of a dummy variables one one on which is the arc elasticity.

is that right?

is there any other way to do so?

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