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Lossed in translation: an off-the-shelf method to recover probabilistic beliefs from loss-averse agents

Strictly proper scoring rules are designed to truthfully elicit subjective probabilistic beliefs from risk neutral agents. Previous experimental studies have identified two problems with this method: (i) risk aversion causes agents to bias their reports toward the probability of [Formula: see text]...

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Detalles Bibliográficos
Autores principales: Offerman, Theo, Palley, Asa B.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2015
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5153699/
https://www.ncbi.nlm.nih.gov/pubmed/28035188
http://dx.doi.org/10.1007/s10683-015-9429-0