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A Mechanism for Eliciting Second-Order Beliefs and the Inclination to Choose†

A Mechanism for Eliciting Second-Order Beliefs and the Inclination to Choose† AbstractThis paper describes a direct revelation mechanism for eliciting decision makers' introspective beliefs on sets of subjective prior or posterior probabilities. The proposed scheme constitutes a revealed-preference procedure for measuring the inclination of decision makers to choose one alternative over another modeled by Minardi and Savochkin (2015). (JEL D11, D82, D83) http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png American Economic Journal: Microeconomics American Economic Association

A Mechanism for Eliciting Second-Order Beliefs and the Inclination to Choose†

American Economic Journal: Microeconomics , Volume 10 (2) – May 1, 2018

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Publisher
American Economic Association
Copyright
Copyright © 2018 © American Economic Association
ISSN
1945-7685
DOI
10.1257/mic.20160345
Publisher site
See Article on Publisher Site

Abstract

AbstractThis paper describes a direct revelation mechanism for eliciting decision makers' introspective beliefs on sets of subjective prior or posterior probabilities. The proposed scheme constitutes a revealed-preference procedure for measuring the inclination of decision makers to choose one alternative over another modeled by Minardi and Savochkin (2015). (JEL D11, D82, D83)

Journal

American Economic Journal: MicroeconomicsAmerican Economic Association

Published: May 1, 2018

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