Cognitive heterogeneity and complex belief elicitation
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DOI: 10.1007/s10683-021-09722-x
Abstract: The Stochastic Becker-DeGroot-Marschak (SBDM) mechanism is a theoretically elegant way of eliciting incentive-compatible beliefs under a variety of risk preferences. However, the mechanism is complex and there is concern that some participants may misunderstand its… read more here.
Keywords: belief elicitation; belief; mechanism; probabilistic reasoning ... See more keywords