Probability of an Inconsistent Choice
| (1) | (2) | (3) | (4) | |
|---|---|---|---|---|
| Choice occasion | −0.000077 (0.0000113)** | −0.000077 (0.0000178)** | ||
| Ln(Choice occasion) | −0.00498 (0.000518)** | −0.00498 (0.000796)** | ||
| PSD | −0.0111 (0.000265)** | −0.0111 (0.000266)** | −0.0111 (0.000575)** | −0.0111 (0.000579)** |
| Public | 0.00687 (0.000979)** | 0.00677 (0.000969)** | 0.00687 (0.00122)** | 0.00677 (0.0012)** |
| Time | 0.000505 (0.0000787)** | 0.000316 (0.0000815)** | 0.000505 (0.000131)** | 0.000316 (0.000118)** |
| Age | −0.000588 (0.000202)** | −0.000579 (0.000199)** | −0.000588 (0.000253)** | −0.000579 (0.000249)** |
| Gender | −0.000781 (0.000994) | −0.00075 (0.000983) | −0.000781 (0.00192) | −0.00075 (0.00189) |
| School | 0.000422 (0.000380) | 0.000423 (0.000376) | 0.000422 (0.0006) | 0.000423 (0.000593) |
| Log likelihood | 210,159 | 210,134 | 210,159 | 210,134 |
| AIC | 20,332 | 20,282 | 20,332 | 20,282 |
| N | 50,530 | 50,530 | 50,530 | 50,530 |
Note: Dependent variable, yij, equals 1 if the choice was identified as inconsistent. Marginal effects reported. Standard errors in parentheses. Columns (1) and (2) contain models that treat each observation as independent. Columns (3) and (4) adjust the standard errors for clustering by individual. AIC, Akaike information criterion; PSD, preference score difference.
↵** Coefficient is significant at the p < 0.05 level.