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Table 4.
Regression Coefficient from Regressing MPL on LS
ControlTreatmentp-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  
ControlTreatmentp-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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