Table 3.
Group identity and peer effects
| Group standard deviation | |||
|---|---|---|---|
| Part II | Part I | Difference | |
| (1) | (2) | (3) | |
| Anchoring | −0.7433 | 1.4477 | −2.1910 |
| (2.6215) | (2.8487) | (3.7205) | |
| Random | −4.1368 | 2.0464 | −6.1832** |
| (2.5459) | (2.4715) | (2.8217) | |
| Painting | −8.5312*** | −1.3836 | −7.1476** |
| (2.2684) | (2.0010) | (3.0361) | |
| Chat | −7.8124*** | −2.3978 | −5.4146 |
| (2.6899) | (2.3088) | (3.3113) | |
| Observations | 85 | 85 | 170 |
| Adj R2 | 0.151 | −0.001 | 0.111 |
OLS estimates
The symbols ***, **, * indicate that the coefficients are statistically significant at the 1, 5 and 10 % level, respectively