From: Default rules in investment decision-making: trait anxiety and decision-making styles
Variable | Opt-out condition (N = 66) | Opt-in condition (N = 62) | Control condition (N = 66) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Step 1 | Step 2 | Step 3 | Step 1 | Step 2 | Step 3 | Step 1 | Step 2 | Step 3 | ||||||||||
B (SE) | β | B (SE) | β | B (SE) | β | B (SE) | β | B (SE) | β | B (SE) | β | B (SE) | β | B (SE) | β | B (SE) | β | |
Age | .03 (.01) | .44** | .04 (.01) | .46** | .03 (.01) | .35** | − .08 (.01) | − .32* | − .03 (.01) | − .40** | − .05 (.01) | − .56** | .01 (.01) | .02 | − .01 (.01) | − .06 | − .01 (.01) | − .05 |
Gender | − .03 (.21) | − .01 | − .01 (.21) | − .00 | − .08 (.19) | − .05 | − .32 (.32) | − .12 | − .03 (.32) | − .01 | .18 (.31) | .06 | .40 (.22) | .23 | .29 (.21) | .16 | .16 (.29) | .09 |
Education | .08 (.11) | .09 | .07 (.11) | .08 | − .03 (.10) | − .04 | − .34 (.14) | − .33* | − .44 (.13) | − .43** | − .36 (.10) | − .35** | − .08 (.14) | − .08 | − .05 (.13) | − .04 | − .07 (.14) | − .06 |
Experience | .29 (.14) | .27* | .30 (.14) | .27* | .14 (.14) | .14 | .13 (.15) | .11 | .16 (.14) | .14 | .28 (.11) | .24* | .16 (.12) | .17 | .11 (.12) | .11 | .28 (.12) | .29* |
Trait Anxiety | .02 (.01) | .28* | .02 (.01) | .17 | − .03 (.01) | − .37** | − .09 (.01) | − .71** | − .03 (.01) | − .39** | − .01 (.01) | − .06 | ||||||
Rational | .13 (.04) | .42** | − .01 (.04) | − .03 | .11 (.04) | .23* | ||||||||||||
Intuitive | − .08 (.04) | − .28 | .09 (.05) | .25 | .09 (.04) | .31* | ||||||||||||
Dependent | .03 (.03) | .24* | .06 (.03) | .22 | .08 (.03) | .45** | ||||||||||||
Avoidant | .10 (.03) | .45** | − .14 (.03) | − .65** | − .09 (.04) | − .31** | ||||||||||||
Spontaneous | .01 (.03) | .05 | .01 (.02) | .02 | .01 (.03) | .01 | ||||||||||||
Adjusted R2 | 15 | .17 | .36 | .11 | .22 | .59 | .02 | .15 | .30 | |||||||||
F | 3.85* | 3.62* | 4.72** | 2.95* | 4.27** | 9.49** | 1.34 | 3.18** | 3.68** |