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Cognitive heterogeneity and complex belief elicitation

The Stochastic Becker-DeGroot-Marschak (SBDM) mechanism is a theoretically elegant way of eliciting incentive-compatible beliefs under a variety of risk preferences. However, the mechanism is complex and there is concern that some participants may misunderstand its incentive properties. We use a two...

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Detalles Bibliográficos
Autores principales: Burfurd, Ingrid, Wilkening, Tom
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8175444/
https://www.ncbi.nlm.nih.gov/pubmed/34104076
http://dx.doi.org/10.1007/s10683-021-09722-x