Although the literature generally views MSB as indicative of low decision-making quality, potential low decision-making quality among nonmultiple switchers is not well understood. Here we can separately identify decision-making quality and MSB. Interpreting the regression coefficient as data quality, we explicitly test decision-making quality for multiple switchers and nonmultiple switchers in table 5. The results show that data quality is insignificantly different from 0 for both multiple switchers and nonmultiple switchers in the control group, and is only significantly different from 0 for the nonmultiple switchers in the treatment group. MSB is not a good indicator of data quality in the control group (-value 0.567). Among nonmultiple switchers, data quality is significantly higher under the nudge treatment than under the standard protocol (-values 0.025).
. | Multiple Switchers . | Nonmultiple Switchers . | -values of . |
---|---|---|---|
. | (1) . | (2) . | H0: (1) (2) . |
Control | −0.019 | 0.137 | 0.567 |
31 | 70 | ||
Treatment | 0.000 | 0.602*** | 0.350 |
9 | 83 |
. | Multiple Switchers . | Nonmultiple Switchers . | -values of . |
---|---|---|---|
. | (1) . | (2) . | H0: (1) (2) . |
Control | −0.019 | 0.137 | 0.567 |
31 | 70 | ||
Treatment | 0.000 | 0.602*** | 0.350 |
9 | 83 |
MPL is coded using method B, the number of risky choices made before the “first switch point.” Significant at *10%, **5%, and ***1%.