27
Table 3. Estimation Results
_______Variable_______ |
Parameter |
Estimate |
Asymptotic |
Pt. Reyes Price |
#"! |
16.3725 |
5.464 |
Pt. Reyes Sightings |
#"D |
-0.0637 |
-9.664 |
Pt. Reyes Budget Slope |
"" |
6.8902 |
2.214 |
Half Moon Price |
##! |
3.8157 |
1.227 |
Half Moon Sightings |
##D |
-0.0026 |
-0.297 |
Half Moon Budget Slope |
"2 |
1.7373 |
1.208 |
Monterey Price |
#$! |
-17.4486 |
-5.936 |
Monterey Sightings |
#$D |
-0.0350 |
-4.968 |
Monterey Budget Slope |
"3 |
-6.3731 |
-2.125 |
Value of Time Constant |
-È38 |
-0.7778 |
-1.518 |
Pseudo R# 0.421
Mean log-likelihood -6.05
Number of cases 432