Table F4. Open in new tab RPL estimates...

Model

(1) Excl first choice (Learning effects)

(2) Excl last choice (Lassitude effect)

(3) Excl. not interested

(4) Excl. always opted-out

(5) Excl. low reading time

(6) Excl. Face to face

Mean

ASC

-3.134***

-2.143***

-4.970***

-2.547***

-4.355***

-2.177***

(-4.19)

(-3.30)

(-5.52)

(-6.18)

(-3.37)

(-3.56)

Group

-0.642***

-0.641***

-0.751***

-0.577***

-0.960***

-0.621***

(-4.36)

(-4.76)

(-4.83)

(-5.17)

(-2.78)

(-4.88)

Index

-0.456***

-0.436***

-0.450***

-0.370***

-0.614**

-0.387***

(-3.80)

(-3.83)

(-3.88)

(-4.26)

(-2.12)

(-3.97)

Coverage

0.0289***

0.0197**

0.0258***

0.0249***

0.0118

0.0236***

(3.39)

(2.26)

(2.95)

(3.87)

(0.68)

(3.56)

Price_Inv

-1.844***

-1.888***

-1.824***

-2.009***

-1.191***

-2.125***

(-4.92)

(-5.61)

(-6.05)

(-8.28)

(-2.77)

(-5.73)

ASC

6.300***

5.743***

-3.466***

-1.426***

2.991**

6.035***

(6.37)

(6.54)

(-4.64)

(-3.87)

(2.16)

(7.65)

Group

1.148***

0.680**

1.283***

1.040***

1.725***

1.113***

(4.80)

(2.49)

(5.11)

(6.30)

(3.84)

(5.68)

Index

0.725***

0.652**

0.639***

-0.501**

1.357***

0.557***

(2.85)

(2.50)

(2.83)

(-2.57)

(3.16)

(2.63)

Coverage

0.0269

0.0421**

0.0360***

0.0276***

0.00906

0.00756

(1.45)

(2.42)

(2.95)

(4.34)

(0.52)

(0.42)

Price_Inv

2.760***

2.014***

-1.779***

-1.022***

1.943***

2.748***

(8.27)

(8.67)

(-7.25)

(-5.35)

(4.84)

(7.39)

3708

2544

3324

972

4512

Table F4.

Open in new tab

RPL estimates for subgroups

Model	(1) Excl first choice (Learning effects)	(2) Excl last choice (Lassitude effect)	(3) Excl. not interested	(4) Excl. always opted-out	(5) Excl. low reading time	(6) Excl. Face to face
Mean
ASC	-3.134***	-2.143***	-4.970***	-2.547***	-4.355***	-2.177***
	(-4.19)	(-3.30)	(-5.52)	(-6.18)	(-3.37)	(-3.56)
Group	-0.642***	-0.641***	-0.751***	-0.577***	-0.960***	-0.621***
	(-4.36)	(-4.76)	(-4.83)	(-5.17)	(-2.78)	(-4.88)
Index	-0.456***	-0.436***	-0.450***	-0.370***	-0.614**	-0.387***
	(-3.80)	(-3.83)	(-3.88)	(-4.26)	(-2.12)	(-3.97)
Coverage	0.0289***	0.0197**	0.0258***	0.0249***	0.0118	0.0236***
	(3.39)	(2.26)	(2.95)	(3.87)	(0.68)	(3.56)
Price_Inv	-1.844***	-1.888***	-1.824***	-2.009***	-1.191***	-2.125***
	(-4.92)	(-5.61)	(-6.05)	(-8.28)	(-2.77)	(-5.73)
SD
ASC	6.300***	5.743***	-3.466***	-1.426***	2.991**	6.035***
	(6.37)	(6.54)	(-4.64)	(-3.87)	(2.16)	(7.65)
Group	1.148***	0.680**	1.283***	1.040***	1.725***	1.113***
	(4.80)	(2.49)	(5.11)	(6.30)	(3.84)	(5.68)
Index	0.725***	0.652**	0.639***	-0.501**	1.357***	0.557***
	(2.85)	(2.50)	(2.83)	(-2.57)	(3.16)	(2.63)
Coverage	0.0269	0.0421**	0.0360***	0.0276***	0.00906	0.00756
	(1.45)	(2.42)	(2.95)	(4.34)	(0.52)	(0.42)
Price_Inv	2.760***	2.014***	-1.779***	-1.022***	1.943***	2.748***
	(8.27)	(8.67)	(-7.25)	(-5.35)	(4.84)	(7.39)
N	3708	3708	2544	3324	972	4512

Model	(1) Excl first choice (Learning effects)	(2) Excl last choice (Lassitude effect)	(3) Excl. not interested	(4) Excl. always opted-out	(5) Excl. low reading time	(6) Excl. Face to face
Mean
ASC	-3.134***	-2.143***	-4.970***	-2.547***	-4.355***	-2.177***
	(-4.19)	(-3.30)	(-5.52)	(-6.18)	(-3.37)	(-3.56)
Group	-0.642***	-0.641***	-0.751***	-0.577***	-0.960***	-0.621***
	(-4.36)	(-4.76)	(-4.83)	(-5.17)	(-2.78)	(-4.88)
Index	-0.456***	-0.436***	-0.450***	-0.370***	-0.614**	-0.387***
	(-3.80)	(-3.83)	(-3.88)	(-4.26)	(-2.12)	(-3.97)
Coverage	0.0289***	0.0197**	0.0258***	0.0249***	0.0118	0.0236***
	(3.39)	(2.26)	(2.95)	(3.87)	(0.68)	(3.56)
Price_Inv	-1.844***	-1.888***	-1.824***	-2.009***	-1.191***	-2.125***
	(-4.92)	(-5.61)	(-6.05)	(-8.28)	(-2.77)	(-5.73)
SD
ASC	6.300***	5.743***	-3.466***	-1.426***	2.991**	6.035***
	(6.37)	(6.54)	(-4.64)	(-3.87)	(2.16)	(7.65)
Group	1.148***	0.680**	1.283***	1.040***	1.725***	1.113***
	(4.80)	(2.49)	(5.11)	(6.30)	(3.84)	(5.68)
Index	0.725***	0.652**	0.639***	-0.501**	1.357***	0.557***
	(2.85)	(2.50)	(2.83)	(-2.57)	(3.16)	(2.63)
Coverage	0.0269	0.0421**	0.0360***	0.0276***	0.00906	0.00756
	(1.45)	(2.42)	(2.95)	(4.34)	(0.52)	(0.42)
Price_Inv	2.760***	2.014***	-1.779***	-1.022***	1.943***	2.748***
	(8.27)	(8.67)	(-7.25)	(-5.35)	(4.84)	(7.39)
N	3708	3708	2544	3324	972	4512

t statistics in parentheses : *p < 0.10, **p < 0.05, *** p < 0.01

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