Eliciting Subjective Probability Distributions with Binary Lotteries

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

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Abstrakt

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.
OriginalsprogEngelsk
TidsskriftEconomics Letters
Vol/bind127
Sider (fra-til)68-71
Antal sider4
ISSN0165-1765
DOI
StatusUdgivet - feb. 2015

Emneord

  • Subjective belief distributions
  • Risk attitudes
  • Experiments

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