Variable (X) | Coefficient (β) | Std. error | P > |z| |
Current cost of electricity | 0.0000625 | 0.000738 | 0.933 |
Initial bid | 0.0213164 | 0.0214095 | 0.319 |
Sex of respondent (male = 1; female = 0) | 0.1767469** | 0.0710164 | 0.013 |
Household size | −0.0154411** | 0.0076885 | 0.045 |
Household income | 0.0002632*** | 0.0000455 | 0.000 |
Highest education attained by respondent, basic | 0.1308721 | 0.1315856 | 0.320 |
Highest education attained, secondary | 0.3070277** | 0.1289592 | 0.017 |
Highest education attained, tertiary | 0.3729066*** | 0.1405379 | 0.008 |
Reliability of existing supply (reliable = 1; unreliable= 0) | −0.0604477 | 0.0802202 | 0.451 |
Prior notification of an outage (prior notice = 1; no prior notice = 0) | 0.0720246 | 0.1152556 | 0.532 |
Cut 1 | −0.2451316 | ||
Cut 2 | 0.2772495 | ||
Cut 3 | 1.014911 | ||
Cut 4 | 1.748573 | ||
Log likelihood | −1512.2568 | ||
LR χ2 (10) | 88.06 | ||
Pseudo R2 | 0.2837 |