Constant and Explanatory variables

Model 1 (all variables)

Model 2 (statistically significant only)

Estimated Coefficient

z-value

Estimated Coefficient

z-value

Constant

10.73

***

4.69

11.04

***

5.59

Household Income

0.28

**

2.15

0.23

**

2.11

Gender

0.38

1.39

Age

0.20

0.14

Education

0.05

0.14

Household member

−0.08

-0.57

Farm size

−0.60

-0.79

Experience - UOF

1.31

***

2.91

1.18

***

2.75

Awareness

1.26

***

3.54

1.21

***

3.63

Training

0.59

**

2.26

0.61

**

2.37

Bid effect coefficient

−3.99

***

−13.72

−3.90

***

−14.20

Log Likelihood

−293.40

−295.37

Mean

94,345^a

94,856

Median

87,447

87,749