Table 4.

Pro-social preferences and strategic reasoning (combined).

Dep. variable	Choice for self-regard (C and F)			Choice for pro-social (A and D)
Step 1	0.676*	0.676*		−0.061	−0.061
	(0.369)	(0.369)		(0.316)	(0.316)
Step 2	0.454			0.313
	(0.362)			(0.296)
Higher steps	0.427			0.047
	(0.372)			(0.310)
Step 2 or Higher		0.442			0.197
		(0.342)			(0.278)
Step 1, 2 or Higher			0.515			0.124
			(0.334)			(0.271)
Constant	−1.242***	−1.242***	−1.242***	−0.566**	−0.566**	−0.566**
	(0.317)	(0.317)	(0.317)	(0.251)	(0.251)	(0.251)
Log-likelihood	−99.780	−99.786	−100.300	−121.305	−121.922	−121.581

Probit models with regressors dummy variables for the Steps of reasoning of the ID model. The default value of strategic reasoning is Step 0. Coefficient estimates with standard errors in parentheses are reported. Statistical significance:

^***1%,

^**5%,

^*10%.

Number of observations is 195 in all models.