Table 11: MNL and ML estimation results
|
_________________MNL______________ |
MIX. LOGIT________________ | |||||
|
Attributes______________________ |
Coefficient |
T-value |
P-value |
Coefficient |
T-value |
P-value |
|
bedrooms |
-0.1268 |
-2.137 |
0.0326 |
-0.1556 |
-2.498 |
0.0125 |
|
monthly cost |
-0.0065 |
-5.632 |
0.0000 |
-0.0093 |
-6.382 |
0.0000 |
|
big city |
-0.9992 |
-8.311 |
0.0000 |
-1.516 |
-5.983 |
0.0000 |
|
small town |
0.2280 |
4.241 |
0.0000 |
0.2894 |
4.500 |
0.0000 |
|
travel costs |
-0.7359 |
-12.459 |
0.0000 |
-0.9794 |
-11.908 |
0.0000 |
|
travel time |
-0.0338 |
-4.652 |
0.0000 |
-0.0547 |
-5.424 |
0.0000 |
|
Heterogeneity: | ||||||
|
bedr*college/university |
0.1450 |
2.780 |
0.0054 |
0.2030 |
3.789 |
0.0002 |
|
bedr*working partner |
0.1530 |
2.980 |
0.0029 |
0.1807 |
3.579 |
0.0003 |
|
bedr*child |
0.2114 |
3.845 |
0.0001 |
0.2970 |
5.206 |
0.0000 |
|
bedr*large municip. |
0.2253 |
4.255 |
0.0000 |
0.2575 |
4.600 |
0.0000 |
|
bedr*apartment |
0.2981 |
4.360 |
0.0000 |
0.3971 |
6.149 |
0.0000 |
|
mnth cost*college/university |
0.0020 |
2.423 |
0.0154 |
0.0025 |
2.166 |
0.0303 |
|
mnth cost*child |
-0.0019 |
-2.271 |
0.0232 |
-0.0028 |
-2.398 |
0.0165 |
|
mnth cost*owned house |
0.0043 |
3.961 |
0.0001 |
0.0059 |
4.343 |
0.0000 |
|
big city*partner |
-0.2661 |
-3.478 |
0.0005 |
-0.3509 |
-2.242 |
0.0250 |
|
big city*child |
0.1713 |
2.524 |
0.0116 |
0.2426 |
1.808 |
0.0705 |
|
big city* large municip. |
0.6929 |
8.917 |
0.0000 |
1.0027 |
6.897 |
0.0000 |
|
big city*owned house |
0.2001 |
2.815 |
0.0049 |
0.3788 |
2.287 |
0.0222 |
|
big city*detached house |
-0.3844 |
-4.543 |
0.0000 |
-0.6838 |
-4.101 |
0.0000 |
|
big city*apartment |
0.6339 |
7.911 |
0.0000 |
1.0393 |
5.610 |
0.0000 |
|
big city*no fuel cost |
0.1795 |
2.795 |
0.0052 |
0.1797 |
1.400 |
0.1615 |
|
big city*income class 1 |
-0.2089 |
-2.208 |
0.0273 |
-0.3317 |
-1.765 |
0.0775 |
|
big city*income class 2 |
-0.1898 |
-2.706 |
0.0068 |
-0.2219 |
-1.599 |
0.1099 |
|
small town*large municip. |
0.1489 |
2.317 |
0.0205 |
0.1763 |
2.268 |
0.0233 |
|
small town*gasoline car |
0.1455 |
2.423 |
0.0154 |
0.2245 |
3.001 |
0.0027 |
|
small town*income class 1 |
-0.2281 |
-3.071 |
0.0021 |
-0.2744 |
-3.168 |
0.0015 |
|
travel costs*region congest. |
-0.0653 |
-1.989 |
0.0467 |
-0.0746 |
-1.454 |
0.1460 |
|
travel costs*apartment |
0.1609 |
4.187 |
0.0000 |
0.1767 |
2.398 |
0.0165 |
|
travel costs*work home |
0.0653 |
1.989 |
0.0467 |
0.0980 |
1.867 |
0.0619 |
|
travel costs*tta5175 |
0.1278 |
2.396 |
0.0166 |
0.1573 |
2.399 |
0.0164 |
|
travel costs*tta76m |
0.3667 |
7.534 |
0.0000 |
0.4285 |
6.778 |
0.0000 |
|
travel costs*income class 2 |
0.1388 |
3.347 |
0.0008 |
0.0935 |
1.389 |
0.1650 |
|
travel costs*income class 3 |
0.1620 |
3.424 |
0.0006 |
0.1615 |
2.266 |
0.0234 |
|
travel time*dep. time constr. |
0.0122 |
2.292 |
0.0219 |
0.0129 |
1.496 |
0.1347 |
|
travel time*tta5175 |
0.0143 |
1.823 |
0.0683 |
0.0223 |
2.087 |
0.0369 |
|
travel time*tta76m |
0.0215 |
2.927 |
0.0034 |
0.0388 |
3.702 |
0.0002 |
|
travel time*tte030 |
-0.0092 |
-2.466 |
0.0137 |
-0.0110 |
-2.180 |
0.0293 |
|
st. dev. random parameters: | ||||||
|
monthly cost |
- |
0.0076 |
2.424 |
0.0153 | ||
|
big city |
- |
1.5617 |
11.094 |
0.0000 | ||
|
travel costs |
- |
0.7416 |
8.801 |
0.0000 | ||
|
travel time |
- |
0.0348 |
2.079 |
0.0376 | ||
|
Halton simul. |
- |
150 (number) | ||||
|
adjusted p2 |
0.2447 |
0.3096 | ||||
|
-2LogLikelihood |
-2638.1 |
_________-2406.6 | ||||
Table 11 shows preferences for five aspects in detail: the number of bedrooms, the location,
the monthly cost of housing and travel cost and time. First of all looking at ‘bedrooms’, the
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