Variables | Coefficient | 95% CI | Standard error | t-value |
---|---|---|---|---|
Dependent variable: Discount rate (β) | ||||
 Loyalty | −0.048 | [− 0.107,0.012] | 0.030 | −1.57 |
 Old | 0.021 | [−0.047,0.089] | 0.035 | 0.61 |
 Male | −0.026 | [−0.096,0.045] | 0.036 | −0.72 |
 Single | −0.167b | [−0.306,-0.028] | 0.071 | −2.36 |
 Child | −0.191c | [−0.303,-0.078] | 0.057 | −3.32 |
 Household income | −0.030 | [−0.074,0.014] | 0.023 | −1.32 |
 Constant | 0.509c | [0.187,0.832] | 0.164 | 3.10 |
Dependent variable: Present-biasedness (α) | ||||
 Loyalty | −1.819a | [−3.659,0.022] | 0.939 | −1.94 |
 Old | 1.290 | [−0.295,2.875] | 0.809 | 1.60 |
 Male | −2.471 | [−5.483,0.54] | 1.537 | −1.61 |
 Single | −4.089b | [−7.405,-0.773] | 1.692 | −2.42 |
 Child | −4.334c | [− 7.593,-1.075] | 1.663 | −2.61 |
 Household income | −0.160 | [−0.543,0.222] | 0.195 | −0.82 |
 Constant | 11.045c | [3.376,18.715] | 3.913 | 2.82 |
Dependent variable: Risk preference (γ) | ||||
 Loyalty | −0.031b | [− 0.061,-0.001] | 0.015 | −2.05 |
 Old | 0.032 | [−0.036,0.101] | 0.035 | 0.92 |
 Male | −0.015 | [−0.089,0.058] | 0.038 | −0.41 |
 Single | 0.055 | [−0.036,0.146] | 0.046 | 1.18 |
 Child | −0.014 | [−0.098,0.07] | 0.043 | −0.32 |
 Household income | 0.002 | [−0.038,0.042] | 0.020 | 0.12 |
 Constant | 0.789c | [0.512,1.067] | 0.142 | 5.57 |
 μRA | 0.142c | [0.087,0.197] | 0.028 | 5.07 |
 μDR | 0.129 | [−0.075,0.333] | 0.104 | 1.24 |
 Log Likelihood | − 3376.29 |  |  |  |
 Number of observations | 6650 |  |  |  |