Belief elicitation in experiments: Is there a hedging problem?

DOI10.1007/S10683-010-9249-1zbMath1198.91054OpenAlexW3123218165WikidataQ58936028 ScholiaQ58936028MaRDI QIDQ606071

Alexander K. Koch, Mariana Blanco, Hans-Theo Normann, Dirk Engelmann

Publication date: 16 November 2010

Published in: Experimental Economics (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10419/35284

zbMATH Keywords

hedgingexperimental methodologyexperimental economicsbelief elicitation

Mathematics Subject Classification ID

Rationality and learning in game theory (91A26) Experimental studies (91A90)

Related Items (21)

Equilibrium selection with coupled populations in hawk-dove games: theory and experiment in continuous time ⋮ Belief formation in a signaling game without common prior: an experiment ⋮ Do beliefs about peers matter for donation matching? Experiments in the field and laboratory ⋮ First- and second-order subjective expectations in strategic decision-making: experimental evidence ⋮ Experiments with the traveler's dilemma: welfare, strategic choice and implicit collusion ⋮ Preferences and beliefs in a sequential social dilemma: a within-subjects analysis ⋮ DO LIES ERODE TRUST? ⋮ Testing models of belief bias: an experiment ⋮ Testing the level of consistency between choices and beliefs in games using eye-tracking ⋮ Deconstruction and reconstruction of an anomaly ⋮ Fragility of information cascades: an experimental study using elicited beliefs ⋮ An experimental study on sequential auctions with privately known capacities ⋮ Hedging, ambiguity, and the reversal of order axiom ⋮ Bygones in a public project ⋮ Identifying Preferences for Conditional Cooperation Using Individual Beliefs ⋮ Risk aversion and equilibrium selection in a vertical contracting setting: an experiment ⋮ An Overview of Applications of Proper Scoring Rules ⋮ Incentives, search engines, and the elicitation of subjective beliefs: evidence from representative online survey experiments ⋮ Beyond coincidence: the reasoning process underlying utility proportional beliefs process ⋮ Beliefs and actions in the trust game: creating instrumental variables to estimate the causal effect ⋮ Hierarchical Bayesian analysis of biased beliefs and distributional other-regarding preferences

Uses Software

• Z-Tree
• ORSEE

Cites Work

• Unnamed Item
• Satisficing search versus aspiration adaptation in sales competition: Experimental evidence
• A within-subject analysis of other-regarding preferences
• Granny versus game theorist: Ambiguity in experimental games
• Equilibrium play and best response to (stated) beliefs in normal form games
• Stated beliefs versus inferred beliefs: a methodological inquiry and experimental test
• Star-shaped probability weighting functions and overbidding in first-price auctions
• Delegated portfolio management
• Maxmin expected utility with non-unique prior
• Axiomatic characterization of the quadratic scoring rule
• The impact of incentives upon risky choice experiments
• Just who are you calling risk averse?
• A theory of sequential reciprocity
• The impossibility of experimental elicitation of subjective probabilities
• A theory of reciprocity
• Self-referential thinking and equilibrium as states of mind in games: fMRI evidence
• Risk, Ambiguity, and the Savage Axioms
• Stated Beliefs and Play in Normal-Form Games
• A Mechanism for Eliciting Probabilities
• A Truth Serum for Non-Bayesians: Correcting Proper Scoring Rules for Risk Attitudes
• A Theory of Fairness, Competition, and Cooperation
• Understanding Social Preferences with Simple Tests
• An Experimental Study of Belief Learning Using Elicited Beliefs
• Measuring Expectations
• Raised conditional level of significance for the 2 × 2‐table when testing the equality of two probabilities
• Elicitation of Personal Probabilities and Expectations

This page was built for publication: Belief elicitation in experiments: Is there a hedging problem?