Table 6.
Choice part II–choice part I | Choice part II | |||||
---|---|---|---|---|---|---|
Whole sample | Control | Anchoring | Group identity treatments | Group identity treatments | Subsample of group identity treatments | |
(1) | (2) | (3) | (4) | (5) | (6) | |
Less risky peers | −3.6556* | 4.3529 | −5.0667 | −5.5336*** | −1.0027 | 2.1146 |
(1.9401) | (4.6598) | (5.6511) | (1.9787) | (1.9885) | (2.8963) | |
Riskier peers | 11.6264*** | 12.8235** | 9.1754** | 12.2818*** | 6.9330*** | 5.4741** |
(1.9212) | (5.5615) | (3.6232) | (2.3836) | (2.1448) | (2.4573) | |
Choice part I | 0.6685*** | 0.5228*** | ||||
(0.0722) | (0.1099) | |||||
Observations | 255 | 51 | 54 | 150 | 150 | 50 |
Adjusted R2 | 0.143 | 0.031 | 0.053 | 0.278 | 0.439 | 0.149 |
The symbols ***, **, * indicate that the coefficients are statistically significant at the 1, 5 and 10 % level, respectively