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Simple Belief Elicitation

Karl Schlag and James Tremevan ()
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James Tremevan: https://econ.univie.ac.at

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 subjects. Rather than identifying beliefs exactly we identify bounds on beliefs, thus trading off precision for generality and simplicity.

JEL-codes: C81 C90 D83 (search for similar items in EconPapers)
Date: 2012-09
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