Table 3.

Parameter Estimates for the Six-Site Location Choice Model

ParameterMNLMNLHMNPMNPHSMNPSMNPH
Distance- 11.9314**- 11.9965**- 4.5081**- 4.5739**- 5.1459**- 5.1337**
(0.31)(0.30)(0.17)(0.17)(0.19)(0.19)
Revenues0.01680.01510.00760.0234**- 0.0187**- 0.0124**
(0.02)(0.02)(0.01)(0.01)(0.00)(0.01)
Steller0.2655**0.01370.1001**0.1075**0.0836**0.0931**
(0.02)(0.02)(0.01)(0.01)(0.01)(0.01)
Miss Dum0.8534**1.0413*0.2540**0.3233**0.2581**0.2846**
(0.16)(0.17)(0.06)(0.06)(0.05)(0.05)
p0.4229**0.4169**
(0.03)(0.03)
Embedded Image0.5357**0.4829**
(0.03)(0.02)
κ3,30.4727**0.5449**
(0.03)(0.03)
κ4,40.3106**0.3367**
(0.02)(0.02)
κ5,50.6895**0.5692**
(0.04)(0.04)
κ6,60.6339**0.4866**
(0.05)(0.04)
LL value- 2,015.00- 1,881.84- 2,001.68- 1,998.65- 1,965.74- 1,938.02
  • Note: The log-likelihoods for the MNL and MNP models cannot be directly compared because they are based on a different likelihood function. However, the log-likelihoods for all the MNP and SMNP models can be compared to one another. LL, log-likelihood. Model names are defined in Table 2.

  • * Statistically significant at the 90% level;

  • ** statistically significant at the 95% level.