Table 6

Interval regression model (Risk): risk-aversion interval as dependent variable

(1)(2)(3)(4)(5)
Baseline-NoMSFull-NoMSFull-LTMSFull-HTMSFull
Treatment 20.002−0.0040.0140.0070.006
(0.116)(0.109)(0.107)(0.102)(0.1)
Treatment 30.262**0.277**0.384***0.352***0.232**
(0.128)(0.12)(0.121)(0.11)(0.105)
Male 0.1030.166*0.151*0.17**
 (0.091)(0.092)(0.088)(0.086)
Fin. Risk Tol. Score −0.009***−0.007**−0.006*−0.006**
 (0.003)(0.003)(0.003)(0.003)
Financial Well-being −0.0070−0.007−0.002
 (0.033)(0.032)(0.03)(0.029)
Cognitive Ability −0.042*−0.028−0.027−0.008
 (0.022)(0.023)(0.023)(0.022)
Constant0.1110.721**0.4340.4490.344
(0.086)(0.281)(0.296)(0.277)(0.27)
Observations8686107118122
Log-likelihood−153.453−148.366−190.576−210.753−217.428

Source(s): Authors' own creation/work

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