Belief elicitation in experiments: Is there a hedging problem?

Belief-elicitation experiments usually reward accuracy of stated beliefs in addition to payments for other decisions. But this allows risk-averse subjects to hedge with their stated beliefs against adverse outcomes of the other decisions. So can we trust the existing belief-elicitation results? And...

Descripción completa

Detalles Bibliográficos
Autores Principales: Blanco, Mariana, Engelmann, Dirk, Koch, Alexander K., Normann, Hans-Theo
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: 2010
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/24033
https://doi.org/10.1007/s10683-010-9249-1