caa a22 4500 605488908 CHVBK 20210128100457.0 cr unu---uuuuu 210128e20150901xx s 000 0 eng 10.1007/s10683-014-9416-x doi (NATIONALLICENCE)springer-10.1007/s10683-014-9416-x A penny for your thoughts: a survey of methods for eliciting beliefs [Elektronische Daten] [Karl Schlag, James Tremewan, Joël van der Weele] 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. Economic Science Association, 2014 Belief elicitation nationallicence Subjective beliefs nationallicence Scoring rules nationallicence Experimental design nationallicence Schlag Karl University of Vienna, Vienna, Austria aut Tremewan James University of Vienna, Vienna, Austria aut van der Weele Joël Department of Economics, Center for Experimental Economics and political Decision making (CREED), University of Amsterdam, Roeterstraat 11, 1018WB, Amsterdam, The Netherlands aut Experimental Economics Springer US; http://www.springer-ny.com 18/3(2015-09-01), 457-490 1386-4157 18:3<457 2015 18 10683 https://doi.org/10.1007/s10683-014-9416-x text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10683-014-9416-x text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Schlag Karl University of Vienna, Vienna, Austria aut NATIONALLICENCE 700 1- Tremewan James University of Vienna, Vienna, Austria aut NATIONALLICENCE 700 1- van der Weele Joël Department of Economics, Center for Experimental Economics and political Decision making (CREED), University of Amsterdam, Roeterstraat 11, 1018WB, Amsterdam, The Netherlands aut NATIONALLICENCE 773 0- Experimental Economics Springer US; http://www.springer-ny.com 18/3(2015-09-01), 457-490 1386-4157 18:3<457 2015 18 10683