| Dependent variable: choice | ||
---|---|---|---|
(1) | (2) | (3) | |
Participation | 0.054†(0.032) | 0.055†(0.032) | − 0.108†(0.061) |
Voting rights | 0.263*** (0.028) | 0.263*** (0.028) | 0.221*** (0.055) |
Renewable energy [RE] | Â | Â | Â |
 0% (reference) |  |  |  |
 33% | 2.272*** (0.076) |  |  |
 66% | 3.663*** (0.085) |  |  |
 100% | 2.415*** (0.061) |  |  |
RE | Â | 2.128*** (0.127) | 1.568*** (0.140) |
RE2 |  | 0.437*** (0.090) | 0.156†(0.094) |
RE3 |  | − 0.293*** | − 0.227*** |
 |  | (0.022) | (0.023) |
Price | − 0.662*** (0.039) | − 0.662*** (0.039) | − 0.329*** (0.048) |
Impact | − 0.343*** (0.024) | − 0.343*** (0.024) | − 0.306*** (0.051) |
Scaling | 0.092*** (0.027) | 0.092*** (0.027) | 0.203*** (0.055) |
Diversification | Â | Â | Â |
 None (reference) |  |  |  |
 Some | − 0.085** (0.028) | − 0.085** (0.028) | − 0.124*** (0.029) |
 Much | − 0.300*** (0.038) | − 0.300*** (0.038) | − 0.365*** (0.072) |
Profit | Â | Â | Â |
 To production projects (reference) |  |  |  |
 To members | 0.763*** (0.056) | 0.763*** (0.056) | 0.198** (0.071) |
 To societal projects | 0.349*** (0.038) | 0.349*** (0.038) | 0.223*** (0.060) |
Ecological motives \(\times\) RE | Â | Â | 0.021*** (0.001) |
Ecological motives \(\times\) much diversification | Â | Â | 0.000 (0.001) |
Social motives \(\times\) participation | Â | Â | 0.007** (0.002) |
Social motives \(\times\) voting rights | Â | Â | 0.002 (0.002) |
Social motives \(\times\) impact | Â | Â | 0.000 (0.002) |
Social motives \(\times\) scaling |  |  | − 0.005* (0.002) |
Social motives \(\times\) profit to societal projects | Â | Â | 0.003 (0.002) |
Societal motives \(\times\) participation |  |  | 0.004†(0.002) |
Societal motives \(\times\) voting rights | Â | Â | 0.002 (0.002) |
Societal motives \(\times\) impact |  |  | − 0.002 (0.002) |
Societal motives \(\times\) scaling |  |  | − 0.004* (0.002) |
Societal motives \(\times\) profit to societal projects | Â | Â | 0.005** (0.002) |
Financial motives \(\times\) price |  |  | − 0.016*** (0.001) |
Financial motives \(\times\) profit to members | Â | Â | 0.026*** (0.002) |
Participants | 1295 | 1295 | 1295 |
Observations | 36,260 | 36,260 | 36,260 |
Log likelihood | − 8421.1 | − 8421.1 | − 7955.7 |
AIC | 16,866.18 | 16,866.18 | 15,963.31 |