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Eliciting beliefs
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Chambers, Robert G. and Melkonyan, Tigran A. (2008) Eliciting beliefs. Theory and Decision, 65 (4). pp. 271-284. doi:10.1007/s11238-008-9103-5 ISSN 0040-5833.
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Official URL: http://dx.doi.org/10.1007/s11238-008-9103-5
Abstract
We develop an algorithm that can be used to approximate a decisionmaker’s beliefs for a class of preference structures that includes, among others, α-maximin expected utility preferences, Choquet expected utility preferences, and, more generally, constant additive preferences. For both exact and statistical approximation, we demonstrate convergence in an appropriate sense to the true belief structure.
Item Type: | Journal Article | ||||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||||
Divisions: | Faculty of Social Sciences > Warwick Business School > Behavioural Science Faculty of Social Sciences > Warwick Business School |
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Library of Congress Subject Headings (LCSH): | Economics -- Decision making -- Mathematical models, Game theory -- Mathematical models, Geometric tomography | ||||||
Journal or Publication Title: | Theory and Decision | ||||||
Publisher: | Springer Netherlands | ||||||
ISSN: | 0040-5833 | ||||||
Official Date: | December 2008 | ||||||
Dates: |
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Volume: | 65 | ||||||
Number: | 4 | ||||||
Number of Pages: | 13 | ||||||
Page Range: | pp. 271-284 | ||||||
DOI: | 10.1007/s11238-008-9103-5 | ||||||
Status: | Peer Reviewed | ||||||
Publication Status: | Published | ||||||
Access rights to Published version: | Restricted or Subscription Access |
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