Participants with and without ex-post-profit-maximizing strategy by context
| Threshold = 20% | Threshold = 80% | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Neutral | Wheat | Meat | Pesticide | Neutral | Wheat | Meat | Pesticide | ||
| Percent choices consistent with beliefs | 69.0 | 62.5 | 61.8 | 69.8 | 38.6 | 41.5 | 57.6 | 31.8 | 53.4 |
| Threshold = 20% | Threshold = 80% | Total | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Neutral | Wheat | Meat | Pesticide | Neutral | Wheat | Meat | Pesticide | ||
| Percent choices consistent with beliefs | 69.0 | 62.5 | 61.8 | 69.8 | 38.6 | 41.5 | 57.6 | 31.8 | 53.4 |
Source(s): Authors' data
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