Table 1.
Variables | Partial feedback | Complete feedback | ||||||
---|---|---|---|---|---|---|---|---|
Coeff | SE | z | p | Coeff | SE | z | p | |
Diff in expected values (dEV) | .1519 | .0303 | 5.02 | <.001 | .1886 | .0312 | 6.04 | <.001 |
Anticipated disappointment (d) | .0225 | .0098 | 2.29 | .022 | .0148 | .0100 | 1.47 | .140 |
Anticipated regret (r) | .0278 | .0067 | 4.15 | <.001 | .0309 | .0068 | 4.53 | <.001 |
Interaction dEV × r | −.0033 | .0023 | −1.41 | .159 | −.0053 | .0024 | −2.17 | .030 |
Interaction dEV × d | −.0045 | .0026 | −1.7 | .088 | −.0022 | .0026 | −.83 | .408 |
Interaction d × r | .0007 | .0004 | 1.72 | .086 | .0003 | .0004 | .64 | .521 |
Interaction dEV × r × d | −.0001 | .0002 | −.4 | .690 | .0000 | .0002 | −.05 | .961 |
Constant | .1785 | .1109 | 1.61 | .107 | −.0025 | .1092 | −.02 | .981 |
Log likelihood = −501.75923 | Log likelihood = −494.20136 | |||||||
Wald χ 2(7) = 91.35 | Wald χ 2(7) = 101.98 | |||||||
Prob > χ 2 = .0000 | Prob > χ 2 = .0000 |
The probability of choosing the left lottery over the right one is estimated as a function of the difference in expected values between the two lotteries, anticipated regret and disappointment. The regression includes the interactions of these three variables with one another.