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. Author manuscript; available in PMC: 2020 Oct 1.
Published in final edited form as: Soc Choice Welfare. 2019 Jan 24;52(4):709–739. doi: 10.1007/s00355-018-1168-7

Table 4.

Proportions of trials in which allocators believed that they were leaving money on the table with their allocation choices

Dependent variable: dummy for whether the allocator expected to leave money on table
(1) Equal endowments (2) Unequal endowments
Randomize 0.40*** 0.60***
(0.08) (0.09)
Give to A/B 0.24**
(0.09)
Give to poor 0.30***
(0.06)
Give to rich 0.70***
(0.13)
Mean of dep. variable 0.36 0.39
F stat: randomize = give to A/B 1.49
p value 0.23
F stat: randomize = give to poor 8.91
p value 0.01***
F stat: randomize = give to rich 0.42
p value 0.52
F stat: give to poor = give to rich 8.32
p value 0.01***
Observations 70 140

Proportions of trials in which allocators believed that they were leaving money on the table with their allocation choices. Regressions are run without a constant term. Standard errors are heteroskedasticity-robust and clustered at the participant level. F statistics and corresponding p values from Wald tests for coefficient equality between β1 and β2 in column (1) and between β1 and β2, β1 and β3 as well as β2 and β3 in column (2) are reported in the lower panel of the table.

*

Significant at the 10% confidence level,

**

significant at the 5% confidence level,

***

significant at the 1% confidence level