Table 2 Convergent validity and collinearity statistics
Formative constructs | Convergent validity | Formative indicator | VIF |
|---|---|---|---|
Price | 0.917 | WTPHinsPrc1 | 1.194 |
| Â | Â | WTPHinsPrc2 | 1.004 |
| Â | Â | WTPHinsPrc3 | 1.193 |
Quality attributes | 0.761 | WTPHinsQlty1 | 1.063 |
| Â | Â | WTPHinsQlty2 | 1.220 |
| Â | Â | WTPHinsQlty3 | 1.241 |
| Â | Â | WTPHinsQlty4 | 1.176 |
Access criteria | 0.829 | WTPHinsAcs1 | 1.057 |
| Â | Â | WTPHinsAcs2 | 1.163 |
| Â | Â | WTPHinsAcs3 | 1.185 |
Trust issues | 0.783 | CoopMembTrsPHins1 | 1.034 |
| Â | Â | CoopMembTrsPHins2 | 1.064 |
| Â | Â | CoopMembTrsPHins3 | 1.101 |
| Â | Â | CoopMembTrsPHins4 | 1.047 |
WTP | 0.945 | WTP1 | 1.047 |
| Â | Â | WTP2 | 1.025 |