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Eliciting beliefs: Proper scoring rules, incentives, stakes and hedging

โœ Scribed by Armantier, Olivier; Treich, Nicolas


Book ID
122501327
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
866 KB
Volume
62
Category
Article
ISSN
0014-2921

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## Abstract Proper scoring rules serve to measure subjective degrees of belief. Traditional proper scoring rules are based on the assumption of expected value maximization. There are, however, many deviations from expected value, primarily due to risk aversion. Correcting techniques have been propo