Elicitation of Subjective Probabilities When Preferences Are State-Dependent

Edi Karni

International Economic Review, 1999, vol. 40, issue 2, 479-86

Abstract: This paper presents an experimental design that enables the elicitation of subjective probabilities of decision makers whose preferences satisfy the axioms of expected utility theory and are state-dependent. Copyright 1999 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ier:iecrev:v:40:y:1999:i:2:p:479-86

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