The final measurement models show a reasonably good fit,
and most of the fit indices are above or close to the required
minimum threshold level. The ratio of minimum discrepancy
to degree of freedom (Chi-square/d.f. ratio) fulfilled the
suggested threshold of less than five or preferably less
than two (Bentler, 1990). The GFI is above the threshold of
0.90 (Hair et al. 1998), and CFI is close to 1 (Bentler, 1990)
for every construct. Composite reliability is an indicator of
the shared variance among the set of observed variables used
as indicators of a latent construct (Bacon, 1995).
The four items included in hedonic shopping motivation
online were (1) respondents enjoyed being immersed in
exciting new products; (2) respondents enjoyed this shopping
trip for its own sake; (3) respondents continued to shop; and
(4) respondents had good time acting on the ‘spur of the
moment’. The construct reliability for these items was computed
to be 0.86, above the recommended value of 0.70 or
higher. In addition, the coefficient alpha value was 0.85, above
the threshold value of 0.70 that Nunnally (1978) recommends.
Moreover, the average variance extracted value was 0.60. It
reflects the average communality for each latent factor and is
used to establish convergent validity. The average variance
extracted value is above the threshold value of 0.50 (Fornell
and Larcker, 1981; Chin, 1998; Höck and Ringle, 2006).
The final measurement models show a reasonably good fit,and most of the fit indices are above or close to the requiredminimum threshold level. The ratio of minimum discrepancyto degree of freedom (Chi-square/d.f. ratio) fulfilled thesuggested threshold of less than five or preferably lessthan two (Bentler, 1990). The GFI is above the threshold of0.90 (Hair et al. 1998), and CFI is close to 1 (Bentler, 1990)for every construct. Composite reliability is an indicator ofthe shared variance among the set of observed variables usedas indicators of a latent construct (Bacon, 1995).The four items included in hedonic shopping motivationonline were (1) respondents enjoyed being immersed inexciting new products; (2) respondents enjoyed this shoppingtrip for its own sake; (3) respondents continued to shop; and(4) respondents had good time acting on the ‘spur of themoment’. The construct reliability for these items was computedto be 0.86, above the recommended value of 0.70 orhigher. In addition, the coefficient alpha value was 0.85, abovethe threshold value of 0.70 that Nunnally (1978) recommends.Moreover, the average variance extracted value was 0.60. Itreflects the average communality for each latent factor and isused to establish convergent validity. The average varianceextracted value is above the threshold value of 0.50 (Fornelland Larcker, 1981; Chin, 1998; Höck and Ringle, 2006).
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