Tobit Model | |||
---|---|---|---|
Dep. Var.: willingness to pay | Coeff | S.E | Z |
Education | 0.07 | 0.039 | 1.76* |
Residency area | −0.043 | 0.067 | −0.063 |
Insurance | 0.138 | 0.178 | 0.78 |
Hospitalization | 0.042 | 0.073 | 0.58 |
Risk of incidence | 0.078 | 0.052 | 1.49 |
Age | 0.121 | 0.006 | 1.95* |
Log (Monthly Expenditure) | 0.508 | 0.028 | 1.79* |
Land lord status | 0.069 | 0.1 | 0.69 |
Cancer history | 0.008 | 0.074 | 0.11 |
Occupational status | 0.088 | 0.061 | 1.44 |
C | −1.04 | 0.524 | −2** |
Linear Model | |||
 PSA history | −448,489 | 399,159.6 | −1.12 |
 Insurance | −2,615,089 | 727,058.6 | −3.6*** |
 Health Status | 231,291.1 | 102,333.3 | 2.26** |
 Prostate problem history | 669,531.1 | 347,948.7 | 1.96** |
 Expectation of remaining life | 30,162.78 | 15,673.04 | 1.96** |
 C | −54,634.0 | 1,771,687 | −0.03 |
 Number of Obs | 771 | ||
 Selected (No.) | 640 | ||
 Non-Selected (No.) | 131 | ||
 Wald Chi2 | 22.25 | ||
 Lambda /Mills (P-value) | −2.20 (0.028**) |