Estimation results of the mixed logit model (model 1)
| Variables/Attributes | Coefficient | Standard error | |
|---|---|---|---|
| Random variable | |||
| COC label | Mean | 1.9085*** | 0.0603 |
| Standard Deviation | 1.2882*** | 0.1823 | |
| Fixed variables | |||
| Price | −0.0427*** | 0.002485 | |
| CGFC label | 1.7217*** | 0.0370 | |
| Supermarket | −0.1553*** | 0.0540 | |
| JD.com (Online) | −0.1359** | 0.0600 | |
| Pinduoduo (Online) | −0.8425*** | 0.0542 | |
| Regional public brands for agricultural products | 0.5948*** | 0.0671 | |
| Private brand of agricultural product enterprises | 0.4698*** | 0.0405 | |
| ASC | −1.1512*** | 0.0621 | |
| No. of respondents | 1,312 | ||
| No. of observations | 43,296 | ||
| McFadden’s LRI | 0.3552 | ||
| Adjusted Estrella | 0.6188 | ||
| Log Likelihood | −10223 | ||
| Variables/Attributes | Coefficient | Standard error | |
|---|---|---|---|
| COC label | Mean | 1.9085*** | 0.0603 |
| Standard Deviation | 1.2882*** | 0.1823 | |
| Price | −0.0427*** | 0.002485 | |
| CGFC label | 1.7217*** | 0.0370 | |
| Supermarket | −0.1553*** | 0.0540 | |
| JD.com (Online) | −0.1359** | 0.0600 | |
| Pinduoduo (Online) | −0.8425*** | 0.0542 | |
| Regional public brands for agricultural products | 0.5948*** | 0.0671 | |
| Private brand of agricultural product enterprises | 0.4698*** | 0.0405 | |
| ASC | −1.1512*** | 0.0621 | |
| No. of respondents | 1,312 | ||
| No. of observations | 43,296 | ||
| McFadden’s LRI | 0.3552 | ||
| Adjusted Estrella | 0.6188 | ||
| Log Likelihood | −10223 | ||
Note(s): ① ***, ** and* indicate significance at 1, 5 and 10% significance levels, respectively (the same below)
②Price attribute is the actual price, the base of Certification label attribute is “No certification”, the base of Purchase place attribute is “Wet markets”, and the base of Brand attribute is “No brand”
Source(s): Authors’ own creation
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