Estimation results: exit, booking and revisit probabilities
| Variable name | Variable | Exit, f | Booking, b | Revisit, r |
|---|---|---|---|---|
| Discount rate (price effect) | d | −0.375 (0.000) | 0.935 (0.000) | 0.835 (0.000) |
| Page requests | n | −2.403 (0.000) | 0.168 (0.020) | 0.137 (0.000) |
| Page view time | ν | −2598.882 (0.000) | ||
| ω | 8214.663 (0.000) | |||
| Repeated visits | 1{v = 1} | −0.756 (0.000) | 1.715 (0.000) | 1.241 (0.000) |
| 1{v = 2} | −0.830 (0.000) | 2.337 (0.000) | 2.122 (0.000) | |
| 1{v = 3} | −0.901 (0.000) | 2.093 (0.000) | 2.153 (0.000) | |
| 1{v > 3} | −0.789 (0.000) | 2.039 (0.000) | 3.252 (0.000) | |
| Inter-visit time | τ | 0.003 (0.000) | −0.0148 (0.001) | −0.002 (0.050) |
| Constant | 0.893 (0.000) | −5.155 (0.000) | −2.338 (0.000) | |
| Observations | 29836 | 14225 | 13905 | |
| Log likelihood | −17070.915 | −1353.218 | −6303.1642 | |
| Variable name | Variable | Exit, | Booking, | Revisit, |
|---|---|---|---|---|
| Discount rate (price effect) | −0.375 (0.000) | 0.935 (0.000) | 0.835 (0.000) | |
| Page requests | −2.403 (0.000) | 0.168 (0.020) | 0.137 (0.000) | |
| Page view time | −2598.882 (0.000) | |||
| 8214.663 (0.000) | ||||
| Repeated visits | 1{ | −0.756 (0.000) | 1.715 (0.000) | 1.241 (0.000) |
| 1{ | −0.830 (0.000) | 2.337 (0.000) | 2.122 (0.000) | |
| 1{ | −0.901 (0.000) | 2.093 (0.000) | 2.153 (0.000) | |
| 1{ | −0.789 (0.000) | 2.039 (0.000) | 3.252 (0.000) | |
| Inter-visit time | 0.003 (0.000) | −0.0148 (0.001) | −0.002 (0.050) | |
| Constant | 0.893 (0.000) | −5.155 (0.000) | −2.338 (0.000) | |
| Observations | 29836 | 14225 | 13905 | |
| Log likelihood | −17070.915 | −1353.218 | −6303.1642 | |
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