Research Article

College Students’ Choice Behavior of Electric Two-Wheeled Vehicle

Table 7

Estimation results of MXL model.

AlternativeVariableCoefficientStandard deviation|b/St.Er.|P[|Z|>z]PDF function

Random variableI will choose ETWV if I want to buy a vehicle (in the future) (ETWV-II)1.910.434.400.00Normal
Fuel vehicle 100 cc (SC-I)
Fuel vehicle 125 cc (SC-II)Constant3.110.349.110.00Fixed
Age−0.190.07−2.920.00Fixed
Gender0.610.232.680.01Fixed
Vehicle variable cost−0.890.26−3.430.00Fixed
Fuel vehicle 150 cc (MT)Constant0.420.401.050.30Fixed
Age−0.310.08−3.740.00Fixed
Gender2.870.328.920.00Fixed
Regular lightweight electric vehicle (ETWV-I)Constant−4.430.67−6.600.00Fixed
Use vehicle only_inconvenient to take public transportation−1.050.43−2.450.01Fixed
Main reason, high mobility and convenience for other activities−0.960.31−3.090.00Fixed
I will choose ETWV if I want to buy a vehicle (in the future)1.630.179.630.00Fixed
Heavy duty electric vehicle (ETWV-II)Constant−10.243.19−3.210.00Fixed
Gender0.870.402.200.03Fixed
Personal income0.310.171.840.07Fixed
Acceptable price of ETWV0.210.101.990.05Fixed
I look forward to trying/reusing ETWV0.500.291.730.08Fixed
Standard deviation of parameter allocationI will choose ETWV if I want to buy a vehicle (in the future) (ETWV-II)0.750.342.180.03
LL (0)−1231.091
LL (β)−980.531
0.204