Notes--Discovering Personal Probabilities When Utility Functions are Unknown

Franklin Allen

Management Science, 1987, vol. 33, issue 4, 542-544

Abstract: Standard scoring rules require knowledge of the expert's utility function. This note shows how basic reference lottery tickets can be used to develop scoring rules which do not require this information.

Keywords: scoring rules; unobservable preferences (search for similar items in EconPapers)
Date: 1987
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Citations: View citations in EconPapers (48)

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