Dear colleagues,
Could you explain how do you calculate in SMRT share of preference for None option using None weight? I used the following approaches in Excel:
1. =exp(NoneWeight*NoneUtility)/SumOfExponents
2. =NoneWeight*exp(NoneUtility)/SumOfExponents
I got 100% sum of shares but in both cases I did not get the same numbers as in SMRT.
BR,
Alexey