Table 12 Changes in predicted probabilities, non-Korean man.

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

 

Prob. of inc. choice

Prob. of correct IT answer

1 = random leader

−0.229 (0.365)

−0.152 (0.156)

1 = elected leader

−0.016 (0.939)

−0.190 (0.135)

1 = leader by age

−0.290 (0.359)

−0.263** (0.046)

  1. The baseline group is leaders by merit. P-values are given in parentheses. *** denotes a significance levels of 5% . The changes in predicted probabilities are for a binary change to the respective type of hierarchy (random, elected, or by age).
  2. All estimates contain the following control variables: an individual’s number of safe choices (held constant at the sample mode), the probability that an individual made an inconsistent choice (held at the sample mean), their percentage of correct IT answers in individual choice (held at the sample mean), and the number of team members they knew before the experiment (held at the sample mode).
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