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Table 5 Logit regression results

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 − 0.018514 [0.005022]*** − 0.019084 [0.005248]*** − 0.017525 [0.005634]***
Waiting time 0.041575 [0.012955]*** 0.043092 [0.013647]*** 0.044853 [0.016113]***
Waiting time squared − 0.00009 [0.000035]*** − 0.000094 [0.000037]** − 0.000085 [0.000043]**
Observations 279 279 279
WTP-field experiment (at T = 150) 0.79 0.78 1.10
Chi squared for test WTP = 0 8.64*** 8.44*** 5.98**
Socioeconomic controls No Yes Yes
Date fixed effects No No Yes
  1. Robust standard errors in brackets
  2. WTP is calculated as the ratio of marginal utilities between time and money given the coefficients presented. The marginal utility of time is computed at T = 150
  3. * Significant at 10%
  4. ** Significant at 5%
  5. *** Significant at 1%