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 | .28 (.05) | .56** | .28 (.05) | .57** | .22 (.04) | .44** | − .13 (.06) | − .24 | − .14 (.07) | − .27* | − .17 (.07) | − .31* | .09 (.07) | .14 | .17 (.06) | .26* | .24 (.07) | .38** |
Gender | − 1.88 (1.01) | − .18 | − 1.85 (1.02) | − .18 | − 1.32 (.91) | − .13 | − 1.43 (2.05) | − .09 | − .71 (2.15) | − .04 | .54 (2.95) | .03 | − 3.58 (1.44) | − .30* | − 2.49 (1.20) | − .21* | − 2.55 (1.76) | − .21 |
Education | 1.09 (.52) | .20* | 1.08 (.53) | .20* | .88 (.49) | .16 | .45 (.85) | .07 | .18 (.89) | .03 | .23 (.92) | .04 | − 1.21 (.92) | − .16 | − 1.56 (.76) | − .20* | − 2.29 (.89) | − .30* |
Experience | 1.51 (.68) | .24* | 1.50 (.69) | .24* | .61 (.63) | .09 | .48 (.96) | .07 | .56 (.96) | .08 | .59 (1.02) | .08 | − 2.20 (.79) | − .33** | − 1.68 (.65) | − .25* | − 2.27 (.76) | − .34** |
Trait Anxiety | − .02 (.06) | − .04 | − .09 (.06) | − .14 | − .08 (.08) | − .15 | − .12 (.12) | − .20 | − .30 (.05) | − .53** | − .26 (.09) | − .46** | ||||||
Rational | − .90 (.19) | − .47** | − .59 (.35) | − .24 | .61 (.25) | .30** | ||||||||||||
Intuitive | − .46 (.20) | − .27* | − .19 (.46) | − .08 | .02 (.22) | .01 | ||||||||||||
Dependent | .29 (.14) | .21* | .37 (.28) | .23 | − .24 (.19) | − .19 | ||||||||||||
Avoidant | .12 (.14) | .24* | − .13 (.24) | − .10 | − .06 (.24) | − .04 | ||||||||||||
Spontaneous | − .46 (.19) | − .29* | − .20 (.26) | − .12 | .08 (.19) | .05 | ||||||||||||
Adjusted R2 | .47 | .47 | .65 | .09 | .11 | .19 | .14 | .42 | .44 | |||||||||
F | 13.62** | 10.77** | 10.42** | 1.44 | 1.38 | 1.18 | 3.67* | 9.87** | 5.79** |