From: Time goes by so slowly (for those who wait): a field experiment in health care
Dependent variable: | Dummy = 1 if paid | ||
---|---|---|---|
1 | 2 | 3 | |
Price | − 0.001848 [0.000414]*** | − 0.001804 [0.000402]*** | − 0.001777 [0.000568]*** |
Waiting time | 0.001293 [0.000385]*** | 0.001189 [0.000377]*** | 0.001461 [0.000450]*** |
Price*contingent valuation | 0.000333 [0.000283] | 0.000417 [0.000285] | 0.000521 [0.000804] |
Waiting time*contingent valuation | − 0.000543 [0.000500] | − 0.000588 [0.000493] | − 0.000827 [0.000541] |
Observations | 530 | 530 | 530 |
WTP-field experiment | 0.70 | 0.66 | 0.82 |
F-statistic for test WTP = 0 | 8.98*** | 8.06*** | 5.56** |
WTP-CV exercise | 0.50 | 0.43 | 0.50 |
F-statistic for test WTP = 0 | 5.04** | 3.57* | 2.45 |
Difference in WTP between field and CV | 0.20 | 0.23 | 0.32 |
F-statistic for test of difference in WTP = 0 | 0.339 | 0.326 | 0.5042 |
Socioeconomic controls | No | Yes | Yes |
Date fixed effects | No | No | Yes |