Choice Models of Water Management Referendum Voting
| Base Model | Consequentiality Dummy Model | Consequentiality Question Before | Consequentiality Question After | Special Regressora | |
|---|---|---|---|---|---|
| BWA small | 0.00756*** (0.00288) | 0.00735** (0.00289) | 0.0107*** (0.00400) | 0.00381 (0.00419) | 1.253*** (0.352) |
| Tax amount | –0.00222*** (0.000513) | –0.00220*** (0.000515) | –0.00223*** (0.000718) | –0.00221*** (0.000735) | — |
| Consequentiality dummy (C > 1 = 1) | 0.346*** (0.122) | 53.77 (121.8) | |||
| Constant | 0.0116 (0.104) | –0.271* (0.145) | –0.103 (0.142) | 0.151 (0.154) | –65.98 (98.48) |
| Observations | 757 | 757 | 382 | 375 | 757 |
| Log likelihood | –512.3 | –508.3 | –256.2 | –255.1 |
Note: Standard errors in parentheses. BWA, boil water advisory.
↵a The coefficient of the special regressor B is not shown here because it is normalized to one. Therefore, the other coefficients can be interpreted as willingness to pay. The estimates are given by a two-stage least squares regression linked to Step 5 of the special repressor approach outlined in the previous section.
↵* p < 0.10;
↵** p <0.05;
↵*** p < 0.01.