Logit Estimation Results
Attribute | Main 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 | 0.04 | 0.07 | 0.45** | 0.23 | 1.00* | 0.57 |
Flood | 0.07 | 0.07 | 0.04 | 0.22 | 0.08 | 0.33 |
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 | −0.72 | 0.56 | ||||
Size × more rec | −0.48 | 0.48 | ||||
Size × full rec | −0.57 | 0.53 | ||||
Estimated Parameter Standard Deviations | ||||||
Log (Cost) | 1.38*** | 0.10 | 1.38*** | 0.18 | ||
Size | 1.31** | 0.64 | 0.94 | 2.50 | ||
Flood | 0.29 | 2.12 | 0.77 | 2.47 | ||
Full | 3.79*** | 0.64 | 3.84*** | 0.69 | ||
Fewer rec | 3.26*** | 0.63 | 3.49*** | 0.74 | ||
More rec | 4.16*** | 0.80 | 4.38*** | 1.26 | ||
Alternative-specific constant | 8.73*** | 1.28 | 9.20*** | 1.75 | ||
Size × fewer rec | 1.12 | 1.46 | ||||
Size × more rec | 1.31 | 1.66 | ||||
Size × full rec | 0.04 | 0.28 | ||||
Log-likelihood | −3,397 | −2,675 | −2,670 |