Eliciting subjective probability distributions with binary lotteries

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

Economics Letters, 2015, vol. 127, issue C, 68-71

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.

Keywords: Subjective belief distributions; Risk attitudes; Experiments (search for similar items in EconPapers)
JEL-codes: C81 C91 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:127:y:2015:i:c:p:68-71

DOI: 10.1016/j.econlet.2014.12.027

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