Table 5

Results of the RPL model in preference space for the pasta and canned peas samples

Pasta sample (model 5)Canned peas sample (model 6)
ParameterItalyEUExtra-EUNo labelItalyEUExtra-EUNo label
ASC(a)Mean23.780*** (2.588)21.740*** (2.435)18.638*** (2.481)19.762*** (2.441)16.117*** (1.702)13.802*** (1.572)11.608*** (1.798)12.165*** (1.608)
 Std. dev−3.558*** (0.644)2.280*** (0.458)−2.546* (1.070)−2.126** (0.772)2.455*** (0.420)2.331*** (0.506)1.957* (0.975)−2.336*** (0.668)
ASC_shift_CET/2.528* (1.263)0.914 (0.894)−1.027 (1.568)0.726 (1.027)−0.234 (0.882)−0.845 (0.880)−2.906. (1.508)2.053. (1.059)
Price/−13.268*** (1.460)−13.268*** (1.460)−13.268*** (1.460)−13.268*** (1.460)−5.287*** (0.567)−5.287*** (0.567)−5.287*** (0.567)−5.287*** (0.567)
Log likelihood −338.845−370.783
AIC 703.690767.570
BIC 756.850820.180

Note(s):***, **, * and . denote less than 0.1%, 1%, 5% and 10% significance levels, respectively

We kept the No buy option as the reference category

(a) Random parameter

Source(s): Authors’ own work

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