Hi
I have a utility model in which time is treated as a dummy variable with values 0 and 1. In the utility model, time will interact with at least two other terms. If I specify time to be a dummy variable are interactions allowed with dummy variables? What are the specifics I should follow while doing this? Are their any papers which dela with the treatment of time as a dummy variable?
I'd really appreciate any help or suggestions in the same.
Thanks
Anupama
Anupama Ramachandran
Ph.D Student
Dept. of marketing
R.H. Smith School of Business
University of Maryland, College Park
