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Table 5

Estimated logit results of prawn preference for small and large sized category.

Small Large


Purchase Coefficient Standarderror WTP Coefficient Standarderror WTP
Extrinsic attributes
Price −1.054 ** 0.464 −0.684 ** 0.297
Production environment −0.032 0.665 −0.03 −1.028 * 0.597 −1.50
Availability 1.220 ** 0.558 1.16 0.628 0.507 0.92
Intrinsic attributes
Freshness 2.517 *** 0.787 2.39 1.099 ** 0.617 1.61
Roe −0.068 0.668 −0.06 0.199 0.650 −0.29
Sensory attributes
Odor −0.932 0.606 −0.88 −1.054 ** 0.515 −1.54
Taste 1.482 ** 0.600 1.41 1.423 ** 0.653 2.08
Texture −0.171 0.581 −0.16 0.400 0.540 0.58
Nutrition 1.126 ** 0.555 1.09 0.180 0.501 0.26
Socio demographic
Age group: base 1: Young Reference Category
2: Adult 0.097 0.645 −1.305 ** 0.638
3: Old −0.386 0.706 −1.238 * 0.654
Income level: base 1: Low Reference Category
2: Medium 1.317 ** 0.711 .758 0.588
3: High 0.640 0.627 2.226 *** 0.854
Constant 5.556 * 2.845 6.174 *** 2.003

Number of observations 109 191
Prob > chi2 0.000 0.001
Pseudo r-squared 0.296 0.217

Note: ***, **, and * represent the significance levels of the coefficients at 1%, 5%, and 10%, respectively.

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