Table 3

Logit Estimation Results

AttributeMain Effects Mixed Logit (1)Main Effects Mixed Logit (2)Interaction Effects Mixed Logit (3)
Coeff.Std. Err.Coeff.Std. Err.Coeff.Std. Err.
Estimated Parameter Means
Log (cost)−0.54***0.32−0 77***0.16−0.77***0.27
Size  0.040.07  0.45**0.23  1.00*0.57
Flood  0.070.07  0.040.22  0.080.33
Full  0.41***0.08  1.74***0.35  2.11***0.74
Fewer rec−0.18**0.07−1.28***0.30−0.83*0.49
More rec−0.61***0.08−3.31***0.55−2.86***0.76
Alternative-specific constant−0.41***0.10−5.20***0.82−4.86***1.60
Size × fewer rec    −0.720.56
Size × more rec    −0.480.48
Size × full rec    −0.570.53
Estimated Parameter Standard Deviations
Log (Cost)1.38***0.101.38***0.18
Size1.31**0.640.942.50
Flood0.292.120.772.47
Full3.79***0.643.84***0.69
Fewer rec3.26***0.633.49***0.74
More rec4.16***0.804.38***1.26
Alternative-specific constant8.73***1.289.20***1.75
Size × fewer rec  1.121.46
Size × more rec  1.311.66
Size × full rec  0.040.28
Log-likelihood−3,397−2,675−2,670
  • Note: N = 3,373.

  • * p < 0.1;

  • ** p < 0.05;

  • *** p < 0.01.