Table 5. Effect of Anger.
(1) | (2) | (3) | (4) | (5) | (6) | |
---|---|---|---|---|---|---|
WTP dummy | WTP | Intention to quit | Intention to avoid | Depth of processing | Risk perception | |
Nervous | -2.29 (.06)*** | -.03 (.002)*** | 1.78 (.03)*** | 2.06 (.03)*** | 1.44 (.02)*** | 1.87 (.02)*** |
Const | .03 (.00)*** | -.67 (.09)*** | -.36 (.08)*** | .53 (.05)*** | -.20 (.05)*** | |
N. Obs | 15324 | 21768 | 20713 | 35207 | 55915 | 55920 |
LR test | 1265.47*** | |||||
F test | 154.07*** | 2161.24*** | 3958.36*** | 4038.62*** | 6067.76*** | |
R2 | .01 | .05 | .06 | .04 | .05 | |
Hausman test | 468.32*** | 60.92*** | 500.44*** | 882.38*** | 817.98*** | 1210.63*** |
Note: All the estimations are done with Two Stages Fixed Effects. Column (1) is a Fixed Effects Logit; columns (2)-(6) are Fixed Effects Linear regression. Each column corresponds to a regression; the dependent variable is indicated at the top of the column. Instruments are the 98 stimuli of the study (84 CWs and 14 textual warnings).
* indicates statistical significance at 10%
** at 5%
*** at 1%.
Standard errors in parenthesis. The Hausman test in all columns (including 1) is based on the linear estimator (Fixed Effects versus Two stages Fixed Effects).