Table 4.
Regression Coefficient from Regressing MPL on LS
ControlTreatment$p$-value of
(1)(2)H0:(1) $=$ (2)
Method A: Number of risky choices
Coefficient on LS 0.103 0.557*** 0.008
Method B: First switch point
Coefficient on LS 0.244* 0.615*** 0.046
Method C: Average switch point
Coefficient on LS 0.113 0.568*** 0.007
$N$ 101 92
ControlTreatment$p$-value of
(1)(2)H0:(1) $=$ (2)
Method A: Number of risky choices
Coefficient on LS 0.103 0.557*** 0.008
Method B: First switch point
Coefficient on LS 0.244* 0.615*** 0.046
Method C: Average switch point
Coefficient on LS 0.113 0.568*** 0.007
$N$ 101 92

Method A defines MPL response as the total number of risky choices; method B defines MPL response as the number of risky choices made before the “first switch point.” Method C defines MPL response as the average switch point when the subject exhibits MSB.

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