Table 3 Estimation results for mixed logit models
Variable | Pre-informative | Post-informative | ||
|---|---|---|---|---|
Coeff | p value | Coeff | p value | |
Mean | ||||
Price | − 0.95*** (0.19) | 0.000 | − 1.30***(0.23) | 0.000 |
ASC | − 2.31**(0.25) | 0.000 | − 2.12*** (0.27) | 0.000 |
Origin | ||||
Foreign (base = Italy) | − 1.18*** (0.28) | 0.000 | − 1.25*** (0.33) | 0.000 |
Local (base = Italy) | − 0.08 (0.23) | 0.972 | 0.41* (0.25) | 0.097 |
QAW label | 0.53* (0.32) | 0.094 | 1.47*** (0.35) | 0.000 |
Organic label | 0.56** (0.25) | 0.026 | 0.72**(0.28) | 0.010 |
Interaction | ||||
QAW*organic | 1.24*** (0.48) | 0.009 | 1.23**(0.50) | 0.014 |
QAW*local (base = Italy) | 0.08 (0.41) | 0.844 | − 0.18 (0.44) | 0.684 |
QAW*foreign (base = Italy) | − 0.89* (0.48) | 0.055 | − 0.66 (0.51) | 0.189 |
St. dev. of parameters | ||||
QAW label | 1.28*** (0.19) | 0.000 | 1.42*** (0.21) | 0.000 |
Organic label | 1.07*** (0.19) | 0.000 | 1.40***(0.20) | 0.000 |
QAW*organic | 0.11 (0.64) | 0.864 | − 0.24 (0.50) | 0.635 |
Local (base = Italy) | 0.85** (0.34) | 0.013 | 0.50 (0.46) | 0.273 |
Foreign (base = Italy) | 1.20*** (0.27) | 0.000 | 1.73*** (0.29) | 0.000 |
LR chi2(5) | 44.60 | 74.45 | ||