Vuong's (top panel) and Clarke's non-parametric (bottom panel) non-nested tests.

Notes: EUT stands for expected utility theory, RDU stands for rank dependent utility. FP = Fechner error with Probit link, FL = Fechner error with Logit link, CP = Contextual utility with Probit link, CL = Contextual utility with Logit link, LUCE = Luce error (Strict utility)

The values shown in the bottom panel concerning Clarke's test are p-values for the hypothesis where is the model labeled in the respective column and is the model labeled in the respective row. The ‘’ or the ‘’ labels in the second row indicate which one-sided alternative are we testing for.