• Pro_info
  • Ver_info
  • Probit regression: Potatoes




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    ** Significant at the 5% level



    * Significant at the 10% level

    Appendix Table 7. Probit model: Potatoes – Dependent variable = 1 if a consumer is are out of the market for Potatoes (bid is 2/3’s of bid for plain-labeled chips)

    (Standard errors in parentheses, N=172)

    Regressors






















    Intercept

    -1.751 **

    -1.238 **

    -1.014 **

    -0.972 **

    -1.068 **

    -1.238 **

    -1.087 **

    -0.962 *




    (0.322)

    (0.337)

    (0.384)

    (0.482)

    (0.425)

    (0.413)

    (0.518)

    (0.529)

    Anti_info

    1.198 **

    1.195 **

    0.742 **

    0.731 **

    0.752 **

    0.789 **

    0.753 **

    0.820 **




    (0.350)

    (0.353)

    (0.344)

    (0.353)

    (0.367)

    (0.357)

    (0.364)

    (0.376)

    Pro_info








    -0.570 **

    -0.575 **

    -0.565 **

    -0.638 **

    -0.659 **

    -0.694 **










    (0.264)

    (0.266)

    (0.264)

    (0.270)

    (0.274)

    (0.282)

    Ver_info





    -0.493 *
















    -0.714 **







    (0.262)
















    (0.262)

    Income










    -0.0005







    -0.0015

    -0.0006













    (0.0038)







    (0.0038)

    (0.0039)

    Labels













    0.073




    -0.067

    -0.014
















    (0.242)




    (0.256)

    (0.265)

    Informed
















    0.487 **

    0.519 **

    0.654 **



















    (0.246)

    (0.259)

    (0.272)




















































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