Table 2.
Regression model results examining factors impacting estimated risk (Column 1) feelings of certainty (Column 2) and WTP (Last Column) in the Pro/Con ambiguity task
| Likelihood red (Win) | Certainty | WTP | ||
|---|---|---|---|---|
| # Red |
0.0667 (0.00342)*** |
0.0253 (0.00196)*** |
Likelihood red |
0.594 (0.0379)*** |
| # Blue |
−0.0583 (0.00323)*** |
0.0249 (0.00203)*** |
Certainty |
0.233 (0.0622)*** |
| Gender |
−0.0866 (0.118) |
0.0603 (0.248) |
Gender |
−0.780 (0.505) |
| # Red X gender |
0.0156 (0.00561)*** |
0.00225 (0.00309) |
Likelihood X gender |
0.130 (0.055)* |
| # Blue X gender |
−0.0134 (0.00507)*** |
0.00799 (0.00324)* |
Certainty X gender |
0.0445 (0.0819) |
| Constant |
5.688 (0.0753)*** |
2.753 (0.156)*** |
Constant |
−0.693 (0.356) † |
| R2 | 0.546 | 0.163 | R2 | 0.341 |
| N (212 clusters) | 2756 | 2756 | N (212 clusters) | 2756 |
Standard errors are reported in parentheses, and clustered at the participant level
***p < 0.001; *p < 0.05; †p = 0.053.