Table 5

Unstandardized Parameter Estimates

Parameter estimates	Base Model		Distance Model		Geospatial Referencing Model
Parameter estimates	Bayfront	Inland	Bayfront	Inland	Bayfront	Inland
Constant	−1.224^**	−1.368^**	−1.224^**	−1.285^**	−1.779^**	−1.821^**
	(0.606)	(0.543)	(0.606)	(0.547)	(0.655)	(0.641)
Sailboating	0.180	0.600^*	0.180	0.514^**	0.135	0.497^**
	(0.135)	(0.244)	(0.135)	(0.245)	(0.139)	(0.248)
Hiking	0.361^**	−0.017	0.361^**	−0.063	0.373^**	−0.018
	(0.129)	(0.134)	(0.129)	(0.138)	(0.132)	(0.141)
Income group	0.376^**	0.462^**	0.376^**	0.500^**	0.389^**	0.478^**
(1 = low, 3 = high)	(0.173)	(0.192)	(0.173)	(0.196)	(0.176)	(0.197)
Inverse of shortest	—	—	—	0.262^*	—	0.328^**
distance to the bay				(0.148)		(0.157)
(d⁻¹)
Inverse of water clarity	—	—	—	—	8.374^**	5.877^*
at nearest point,					(3.280)	(3.434)
(q0⁻¹)
Offer (b)	−0.002^**	−0.002^**	−0.002^**	−0.002^**	−0.002^**	−0.002^**
	(0.0005)	(0.0005)	(0.0005)	(0.0005)	(0.0005)	(0.0005)
−2LL	278.269	238.269	278.269	235.131	271.432	232.204

Note: Standard errors in parentheses.
↵* Significance at the 10% level;
↵** significance at the 5% level.