Table 11 Changes in predicted probabilities, Korean man.

From: Hierarchies and decision-making in groups: experimental evidence

 

Prob. of inc. choice

Prob. of correct IT answer

1 = random leader

−0.005 (0.661)

−0.242* (0.051)

1 = elected leader

−0.001 (0.940)

−0.278** (0.023)

1 = leader by age

−0.005 (0.659)

−0.335*** (0.005)

  1. The baseline group is leaders by merit. P-values are given in parentheses. ***, **, and * denote significance levels of 1%, 5%, and 10%, respectively. The changes in predicted probabilities are for a binary change to the respective type of hierarchy (random, elected, or by age).
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