Table 8 Probit model: multiple switching... | Emerald Publishing

Table 8

Probit model: multiple switching behavior as dependent variable

	(1)	(2)	(3)	(4)
	Baseline	Margins	Full	Margins
Treatment 2	0.309	0.077	−0.393	−0.086
Treatment 2	(0.305)	(0.075)	(0.2323)	(0.07)
Treatment 3	0.658**	0.19***	0.801***	0.206***
Treatment 3	(0.278)	(0.073)	(0.295)	(0.068)
Male			−0.452**	−0.012**
Male			(0.229)	(0.059)
Fin. Risk Tol. Score			0.008	0.002
Fin. Risk Tol. Score			(0.007)	(0.002)
Financial Well-being			0.128*	−0.034*
Financial Well-being			(0.073)	(0.019)
Cognitive Ability			−0.191***	0.051***
Cognitive Ability			(0.065)	(0.016)
Constant	−1.124**		−1.173*
Constant	(0.235)		(0.712)
Observations	177	177	177	177
Pseudo $R^{2}$	0.033		0.129

	(1)	(2)	(3)	(4)
	Baseline	Margins	Full	Margins
Treatment 2	0.309	0.077	−0.393	−0.086
Treatment 2	(0.305)	(0.075)	(0.2323)	(0.07)
Treatment 3	0.658**	0.19***	0.801***	0.206***
Treatment 3	(0.278)	(0.073)	(0.295)	(0.068)
Male			−0.452**	−0.012**
Male			(0.229)	(0.059)
Fin. Risk Tol. Score			0.008	0.002
Fin. Risk Tol. Score			(0.007)	(0.002)
Financial Well-being			0.128*	−0.034*
Financial Well-being			(0.073)	(0.019)
Cognitive Ability			−0.191***	0.051***
Cognitive Ability			(0.065)	(0.016)
Constant	−1.124**		−1.173*
Constant	(0.235)		(0.712)
Observations	177	177	177	177
Pseudo $R^{2}$	0.033		0.129

Source(s): Authors' own creation/work