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Probit regression: Potatoes
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bet | 12/25 | Sana | 10.04.2017 | Hajmi | 235,5 Kb. | | #4028 |
** Significant at the 5% level
* Significant at the 10% level
Appendix Table 6. Probit model: Tortilla Chips – Dependent variable = 1 if a consumer is are out of the market for Tortilla Chips (bid is 2/3’s of bid for plain-labeled chips)
(Standard errors in parenthese, N=172)
Regressors
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Intercept
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-1.163 **
|
-1.130 **
|
-0.689 **
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-1.083 **
|
-0.704 *
|
-0.876 **
|
-1.111 **
|
-1.057 **
|
|
(0.231)
|
(0.264)
|
(0.346)
|
(0.441)
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(0.376)
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(0.366)
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(0.461)
|
(0.463)
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Anti_info
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0.540 **
|
0.534 **
|
0.358
|
0.451
|
0.360
|
0.389
|
0.458
|
0.460
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|
(0.271)
|
(0.272)
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(0.299)
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(0.308)
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(0.299)
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(0.305)
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(0.313)
|
(0.312)
| Pro_info |
|
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-0.450 *
|
-0.426
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-0.448 *
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-0.501 *
|
-0.492 *
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-0.489 *
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|
|
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(0.270)
|
(0.273)
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(0.271)
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(0.275)
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(0.279)
|
(0.280)
| Ver_info |
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-0.061
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|
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-0.186
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|
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(0.243)
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|
|
|
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(0.236)
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Income
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0.0053
|
|
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0.0044
|
0.0046
|
|
|
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(0.0036)
|
|
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(0.0036)
|
(0.0036)
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Labels
|
|
|
|
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0.024
|
|
-0.129
|
-0.117
|
|
|
|
|
|
(0.229)
|
|
(0.244)
|
(0.245)
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Informed
|
|
|
|
|
|
0.435 *
|
0.425 *
|
0.447 *
|
|
|
|
|
|
|
(0.234)
|
(0.250)
|
(0.252)
|
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|
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