Differences in decisions affected by cognitive biases: examining human values, need for cognition, and numeracy

Psicologia: Reflexão e Crítica

Psychology: Research and Review

Table 3 Mediation model of the outcome bias

Variable	B	SE	95% CI for B	p
Self-direction	0.11	0.11	[−0.12, 0.33]	.349
Conformity	−0.26	0.11	[−0.48, −0.05]	.017
Power	−0.02	0.11	[−0.23, 0.19]	.191
Universalism	0.23	0.12	[−0.01, 0.48]	.059
Constant	1.07	0.21	[0.65, 1.49]	<.001
Need For Cognition	−0.17	0.11	[−0.38, 0.05]	.131
Version 2 ^a	1.44	0.31	[0.83, 2.05]	<.001
Version 3 ^b	1.81	0.31	[1.20, 2.42]	<.001
Version 4 ^c	−0.63	0.30	[−1.22, −0.05]	.034

Note. N = 409. B coefficients generated with model 4 of the PROCESS macro; CI confidence interval
^aScenario in which the first stimulus presented a decision by a mayor with a negative result
^bScenario in which the first stimulus presented a decision by an investor with a positive result
^cScenario in which the first stimulus presented a decision by an investor with a negative result