Effect of state on risk behavior: Representative agent in EUT approach.

The values of the fitted risk parameters (using maximum likelihood estimation) as a function of state for the representative agent for all reward types. Note that the Constant variable represents the value in the deprived state and the State variable represents the addition (subtraction) during the satiated state. A BoldItalic font represents a significant effect of state. Alpha – the fitted risk parameter. Beta – the slope of the logit function. Coef. – the regression coefficient; Std Err – standard errors; z – z score of the regression; P>z – pvalue of the regression; CI – confidence interval.