Tailored proper scoring rules elicit decision weights

Proper scoring rules are scoring methods that incentivize honest reporting of subjective probabilities, where an agent strictly maximizes his expected score by reporting his true belief. The implicit assumption behind proper scoring rules is that agents are risk neutral. Such an assumption is often...

Full description

Bibliographic Details
Main Author: Arthur Carvalho
Format: Article
Language:English
Published: Cambridge University Press 2015-01-01
Series:Judgment and Decision Making
Subjects:
Online Access:http://journal.sjdm.org/14/14225a/jdm14225a.pdf