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Table 7 Willingness to pay for enriched snack product traits in willingness to pay space

From: Consumers’ preference and willingness to pay for enriched snack product traits in Shashamane and Hawassa cities, Ethiopia

 

WTP (full G-MNL model)

Coefficient

St. error

Taste parameters

Sorghum-chickpea

2.835***

.2669

Maize-chickpea

− 1.433***

.2574

Shape

.566***

.1252

Flavor

3.177***

.2174

Labeling

4.547***

.2895

Price

1.0

Fixed

Heterogeneity in mean

Sorghum-chickpea

.204

.4247

Maize-chickpea

.046

.5044

Shape

.605***

.2114

Flavor

.633***

.1492

Labeling

3.157***

.2652

Price

0.0

Fixed

Tau scale (τ)

1.0

Fixed

Gamma (γ)

0.0

Fixed

βWTP

.325***

.0211

S. βWTP

.119***

.0166

Sigma (i)

.957

1.0890

N

8400

 

LL Function

− 5084.81

 

McFadden pseudo-R2

.448

 

AIC/N

1.214

 
  1. The asterisk symbols ***, **, and * imply the significance at 1%, 5%, and 10% level, respectively