Willingness to Pay of Fishermen Insurance Using Logistic Regression with Parameter Estimated by Maximum Likelihood Estimation Based on Newton Raphson Iteration

The high risk of losing fishermen's life while at sea is inversely proportional to their low welfare. Fishermen are also unable to meet their daily needs when they are not going to sea. Fishermen welfare insurance can be a solution for them to meet their daily needs. Willingness to Pay (WTP) of...

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Bibliographic Details
Main Authors: Yulianus Brahmantyo, Riaman Riaman, F Sukono
Format: Article
Language:Indonesian
Published: Department of Mathematics, FMIPA, Universitas Padjadjaran 2021-08-01
Series:Jurnal Matematika Integratif
Subjects:
Online Access:https://jurnal.unpad.ac.id/jmi/article/view/32037