Table 3. Subjective socially accepted...

Table 3.

Subjective socially accepted strike price ordinary least squares estimation result

Variable	Subjective socially accepted strike price (KRW thousand)
Age	0.654 (4.386)
The post-service (military service finished)	−61.84** (29.54)
College graduate	18.40 (31.57)
Parent’s net asset (KRW thousand)	0.130* (0.0707)
Seoul city residents	−36.50** (17.87)
Literature major in college	−65.52** (31.86)
Social science major	41.18 (39.26)
Business economics major	−52.73** (25.83)
Natural science major	46.57 (55.39)
Engineering major	−19.04 (23.30)
Constant	217.5** (94.47)
Observations	298
R-squared	0.081

Variable	Subjective socially accepted strike price (KRW thousand)
Age	0.654 (4.386)
The post-service (military service finished)	−61.84** (29.54)
College graduate	18.40 (31.57)
Parent’s net asset (KRW thousand)	0.130* (0.0707)
Seoul city residents	−36.50** (17.87)
Literature major in college	−65.52** (31.86)
Social science major	41.18 (39.26)
Business economics major	−52.73** (25.83)
Natural science major	46.57 (55.39)
Engineering major	−19.04 (23.30)
Constant	217.5** (94.47)
Observations	298
R-squared	0.081

Notes:

Robust standard errors are in parentheses. ***p < 0.01; **p < 0.05; *p < 0.1. Mean of socially accepted monthly option strike price is KRW 2,049,047 per month

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