Table 5.

Hypothesis tests for efficiency in Experiment I, experienced games.

RegressionNull hypothesisAlternative hypothesisp-value
Test 1Regression (1)β0 + β1 = β0 + β2β0 + β1 > β0 + β2p < 0.0001
Test 2Regression (2)β4 = β5β4 > β5p = 0.1042
Test 3Regression (1)β0 + β1 = 0.72β0 + β1 < 0.72p < 0.0001
Test 4Regression (1)β0 + β2 = 0.50β0 + β2 < 0.50p < 0.0001
RegressionNull hypothesisAlternative hypothesisp-value
Test 1Regression (1)β0 + β1 = β0 + β2β0 + β1 > β0 + β2p < 0.0001
Test 2Regression (2)β4 = β5β4 > β5p = 0.1042
Test 3Regression (1)β0 + β1 = 0.72β0 + β1 < 0.72p < 0.0001
Test 4Regression (1)β0 + β2 = 0.50β0 + β2 < 0.50p < 0.0001
Table 5.

Hypothesis tests for efficiency in Experiment I, experienced games.

RegressionNull hypothesisAlternative hypothesisp-value
Test 1Regression (1)β0 + β1 = β0 + β2β0 + β1 > β0 + β2p < 0.0001
Test 2Regression (2)β4 = β5β4 > β5p = 0.1042
Test 3Regression (1)β0 + β1 = 0.72β0 + β1 < 0.72p < 0.0001
Test 4Regression (1)β0 + β2 = 0.50β0 + β2 < 0.50p < 0.0001
RegressionNull hypothesisAlternative hypothesisp-value
Test 1Regression (1)β0 + β1 = β0 + β2β0 + β1 > β0 + β2p < 0.0001
Test 2Regression (2)β4 = β5β4 > β5p = 0.1042
Test 3Regression (1)β0 + β1 = 0.72β0 + β1 < 0.72p < 0.0001
Test 4Regression (1)β0 + β2 = 0.50β0 + β2 < 0.50p < 0.0001
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