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Table 4 Summary of hierarchical regression analyses for variables predicting investment intentions on the three experimental conditions

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**

  1. OLS regressions of trait anxiety and decision-making styles, controlling for socio-demographics variables, on investment intentions/preferences in each experimental condition. The dependent variable was the sum of the three scenarios and ranged from 0 to 3
  2. *p < .05. **p < .01