Latin American Economic Review

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

Robust standard errors in brackets
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
* Significant at 10%
** Significant at 5%
*** Significant at 1%

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