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Table 5 Estimated coefficients (means and variances) of the three models in the WTP space

From: Valuing the water supply: ecosystem-based potable water supply management for the Legedadie-Dire catchments, Central Ethiopia

 

Fixed

Uncorrelated (log-normal)

Correlated (random)

Attribute

Parameter

Estimate

Std. Err

Estimate

Std. Err

Estimate

Std. Err

Choice 1

Mean of Coeff.

27.02

0.135

27.00

0.135

28.05

0.140

Variance of Coeff.

5.38

 

5.37

 

5.82

 

Choice 2

Mean of Coeff.

27.96

0.326

27.48

0.387

32.25

0.403

Variance of Coeff.

31.29

 

44.17

 

47.81

 

Pressure

Mean of Coeff.

− 1.73

0.077

− 1.76

0.078

− 1.52

0.072

Variance of Coeff.

1.74

 

1.79

 

1.51

 

Quantity

Mean of Coeff.

2.94

0.077

2.92

0.078

2.72

0.074

Variance of Coeff.

1.75

 

1.80

 

1.62

 

Quality

Mean of Coeff.

5.48

0.097

5.51

0.098

5.45

0.096

Variance of Coeff.

2.77

 

2.82

 

2.69

 

Interruption

Mean of Coeff.

− 1.66

0.056

−v1.64

0.058

− 1.59

0.066

Variance of Coeff.

0.93

 

0.98

 

1.29

 

Dysentery

Mean of Coeff.

− 0.98

0.056

− 0.96

0.057

− 0.93

0.063

Variance of Coeff.

0.91

 

0.95

 

1.16

 

Piped water

Mean of Coeff.

0.81

0.064

0.82

0.064

1.56

0.076

Variance of Coeff.

1.19

 

1.21

 

1.68

 

Education

Mean of Coeff.

1.56

0.056

1.54

0.058

1.58

0.066

Variance of Coeff.

0.93

 

0.98

 

1.29

 

Vendor

Mean of Coeff.

− 0.17

0.499

− 0.43a

0.421

− 1.00

0.605

Variance of Coeff.

0.01

 

0.00b

 

1.00

 

Income

Mean of Coeff.

8.43

0.144

8.55a

0.152

9.07

0.037

Variance of Coeff.

0.00

 

4.82b

 

2.69

 

Shortage

Mean of Coeff.

− 1.75

0.086

− 1.76a

0.087

− 2.88

0.115

Variance of Coeff.

0.01

 

0.00b

 

7.54

 

Price

Mean of ln (Coeff.)

− 0.14a

0.018

− 0.14a

0.018

− 0.27a

0.244

Std. dev. of ln (Coeff.)

0.02

 

0.02

 

0.52

 

SLL at convergence

− 184.99

− 184.97

− 183.20

No. of iterations at convergence

3

 

7

 

8

 
  1. aMean of ln (coefficient)
  2. bVariance of ln (coefficient)