Koessler, Frédéric; Noussair, Charles; Ziegelmeyer, … - Max-Planck-Institut für Ökonomik, Max-Planck-Gesellschaft - 2007
better in the third than in the other two treatments, and contrarian betting is almost completely eliminated by the belief … elicitation procedure. Making bets improves the accuracy of stated beliefs. We propose a theoretical model, the Adaptive Model, to …