Eliciting subjective probability distributions with binary lotteries

被引:11
|
作者
Harrison, Glenn W. [1 ,2 ,5 ,6 ]
Martinez-Correa, Jimmy [3 ]
Swarthout, J. Todd [4 ]
Ulm, Eric R. [1 ]
机构
[1] Georgia State Univ, Robinson Coll Business, Dept Risk Management & Insurance, Atlanta, GA 30303 USA
[2] Georgia State Univ, Robinson Coll Business, Ctr Econ Anal Risk, Atlanta, GA 30303 USA
[3] Copenhagen Business Sch, Dept Econ, Copenhagen, Denmark
[4] Georgia State Univ, Andrew Young Sch Policy Studies, Dept Econ, Atlanta, GA 30303 USA
[5] Univ Cape Town, Sch Econ, ZA-7700 Rondebosch, South Africa
[6] IZA Inst Study Labor, Bonn, Germany
关键词
Subjective belief distributions; Risk attitudes; Experiments; RISK-AVERSION;
D O I
10.1016/j.econlet.2014.12.027
中图分类号
F [经济];
学科分类号
02 ;
摘要
We test in a laboratory experiment the theoretical prediction that risk attitudes have a surprisingly small role in distorting reports from true belief distributions. We find evidence consistent with theory in our experiment. (C) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码:68 / 71
页数:4
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