Estimation Results of the Panel MMNL, Model 1
Coefficient | Std. Err. | Marginal Effect Mean | ME Max | ME Min | |
---|---|---|---|---|---|
Mean | |||||
Constant | 3.031*** | 0.35 | |||
Price | −0.929*** | 0.03 | −0.106 | −0.219 | −0.021 |
Age | −0.009** | 0.04 | −0.001 | −0.002 | −0.001 |
Male | 0.667*** | 0.11 | 0.069 | 0.001 | 0.164 |
HH size | 0.117 | 0.07 | 0.012 | 0.001 | 0.029 |
Kids | −0.460*** | 0.16 | −0.045 | −0.114 | −0.001 |
Low income | −0.308 | 0.202 | −0.031 | −0.077 | −0.001 |
High income | −0.421*** | 0.123 | −0.041 | −0.105 | −0.001 |
Employed | −0.180 | 0.112 | −0.018 | −0.045 | −0.001 |
Single | −0.207 | 0.135 | −0.020 | −0.051 | −0.001 |
MSC label | 2.342*** | 0.15 | 0.252 | 0.019 | 0.471 |
SD Standard Deviation | |||||
MSC label | 2.041*** | 0.13 | |||
Aike Information Criterium | 4,494.10 | ||||
Log-likelihood | −2,235.05 | ||||
Observations | 7,866 | ||||
Participants | 437 |