Eliciting beliefs by paying in chance

This paper describes a general principle that can be used to elicit honest opinions, even if risk attitudes are unknown.

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Bibliographic Details
Published in:Economic theory bulletin 2013-05, Vol.1 (1), p.33-37
Main Authors: Sandroni, Alvaro, Shmaya, Eran
Format: Article
Language:English
Subjects:
Attitudes
Economic theory
Economic Theory/Quantitative Economics/Mathematical Methods
Economics
Economics and Finance
Game Theory
Macroeconomics/Monetary Economics//Financial Economics
Payoffs
Probability
Public Finance
Random variables
Research Article
Social and Behav. Sciences
Studies
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Description
Summary:This paper describes a general principle that can be used to elicit honest opinions, even if risk attitudes are unknown.
ISSN:2196-1085
2196-1093
DOI:10.1007/s40505-013-0009-1