A mechanism for the elicitation of second-order belief and subjective information structure

Edi Karni

Economic Theory, 2020, vol. 69, issue 1, No 7, 217-232

Abstract: Abstract This paper describes a direct revelation mechanism for eliciting (a) decision makers’ range of subjective priors under Knightian uncertainty and their second-order introspective belief and (b) Bayesian decision makers’ range of posteriors and their subjective information structure.

Keywords: Second-order belief; Subjective information structure; Knightian uncertainty; Probability elicitation; Robust Bayesian statistics (search for similar items in EconPapers)
JEL-codes: D80 D82 D83 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (5)

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DOI: 10.1007/s00199-018-1162-4

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