A penny for your thoughts: a survey of methods for eliciting beliefs
Gespeichert in:
Verfasser / Beitragende:
[Karl Schlag, James Tremewan, Joël van der Weele]
Ort, Verlag, Jahr:
2015
Enthalten in:
Experimental Economics, 18/3(2015-09-01), 457-490
Format:
Artikel (online)
Online Zugang:
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| 024 | 7 | 0 | |a 10.1007/s10683-014-9416-x |2 doi |
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| 245 | 0 | 2 | |a A penny for your thoughts: a survey of methods for eliciting beliefs |h [Elektronische Daten] |c [Karl Schlag, James Tremewan, Joël van der Weele] |
| 520 | 3 | |a Incentivized methods for eliciting subjective probabilities in economic experiments present the subject with risky choices that encourage truthful reporting. We discuss the most prominent elicitation methods and their underlying assumptions, provide theoretical comparisons and give a new justification for the quadratic scoring rule. On the empirical side, we survey the performance of these elicitation methods in actual experiments, considering also practical issues of implementation such as order effects, hedging, and different ways of presenting probabilities and payment schemes to experimental subjects. We end with a discussion of the trade-offs involved in using incentives for belief elicitation and some guidelines for implementation. | |
| 540 | |a Economic Science Association, 2014 | ||
| 690 | 7 | |a Belief elicitation |2 nationallicence | |
| 690 | 7 | |a Subjective beliefs |2 nationallicence | |
| 690 | 7 | |a Scoring rules |2 nationallicence | |
| 690 | 7 | |a Experimental design |2 nationallicence | |
| 700 | 1 | |a Schlag |D Karl |u University of Vienna, Vienna, Austria |4 aut | |
| 700 | 1 | |a Tremewan |D James |u University of Vienna, Vienna, Austria |4 aut | |
| 700 | 1 | |a van der Weele |D Joël |u Department of Economics, Center for Experimental Economics and political Decision making (CREED), University of Amsterdam, Roeterstraat 11, 1018WB, Amsterdam, The Netherlands |4 aut | |
| 773 | 0 | |t Experimental Economics |d Springer US; http://www.springer-ny.com |g 18/3(2015-09-01), 457-490 |x 1386-4157 |q 18:3<457 |1 2015 |2 18 |o 10683 | |
| 856 | 4 | 0 | |u https://doi.org/10.1007/s10683-014-9416-x |q text/html |z Onlinezugriff via DOI |
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| 950 | |B NATIONALLICENCE |P 856 |E 40 |u https://doi.org/10.1007/s10683-014-9416-x |q text/html |z Onlinezugriff via DOI | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Schlag |D Karl |u University of Vienna, Vienna, Austria |4 aut | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a Tremewan |D James |u University of Vienna, Vienna, Austria |4 aut | ||
| 950 | |B NATIONALLICENCE |P 700 |E 1- |a van der Weele |D Joël |u Department of Economics, Center for Experimental Economics and political Decision making (CREED), University of Amsterdam, Roeterstraat 11, 1018WB, Amsterdam, The Netherlands |4 aut | ||
| 950 | |B NATIONALLICENCE |P 773 |E 0- |t Experimental Economics |d Springer US; http://www.springer-ny.com |g 18/3(2015-09-01), 457-490 |x 1386-4157 |q 18:3<457 |1 2015 |2 18 |o 10683 | ||