Eliciting Subjective Probability Distributions with Binary Lotteries

Glenn W. Harrison; Jimmy Martínez-Correa; J. Todd Swarthout; Eric R. Ulm

doi:10.1016/j.econlet.2014.12.027

Eliciting Subjective Probability Distributions with Binary Lotteries

Glenn W. Harrison, Jimmy Martínez-Correa, J. Todd Swarthout, Eric R. Ulm

Økonomisk Institut

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Abstract

We test in a laboratory experiment the theoretical prediction that risk attitudes have a surprisingly small role in distorting reports from true belief distributions. We find evidence consistent with theory in our experiment.

Originalsprog	Engelsk
Tidsskrift	Economics Letters
Vol/bind	127
Sider (fra-til)	68-71
Antal sider	4
ISSN	0165-1765
DOI	https://doi.org/10.1016/j.econlet.2014.12.027
Status	Udgivet - feb. 2015

Emneord

Subjective belief distributions
Risk attitudes
Experiments

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10.1016/j.econlet.2014.12.027Licens: Ikke-specificeret

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Citationsformater

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title = "Eliciting Subjective Probability Distributions with Binary Lotteries",

abstract = "We test in a laboratory experiment the theoretical prediction that risk attitudes have a surprisingly small role in distorting reports from true belief distributions. We find evidence consistent with theory in our experiment.",

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year = "2015",

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AU - Martínez-Correa, Jimmy

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KW - Experiments

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DO - 10.1016/j.econlet.2014.12.027

M3 - Journal article

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JO - Economics Letters

JF - Economics Letters

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