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Simple Belief Elicitation

Karl Schlag () and James Tremevan ()
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James Tremevan: http://www.univie.ac.at/Wirtschaftswissenschaften

Vienna Economics Papers from University of Vienna, Department of Economics

Abstract: We present methods of belief elicitation which are applicable for any non-trivial utility function. Unlike existing techniques that account for deviations from risk-neutrality, these methods are highly transparent to sub- jects. Rather than identifying beliefs exactly we identify bounds on beliefs, thus trading o precision for generality and simplicity.

JEL-codes: C90 D83 C81 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-upt
Date: 2012-09
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