Andersen, Steffen; Fountain, John; Harrison, Glenn; … - In: Journal of Risk and Uncertainty 48 (2014) 3, pp. 207-229
Subjective probabilities play a central role in many economic decisions and act as an immediate confound of inferences … about behavior, unless controlled for. Several procedures to recover subjective probabilities have been proposed, but in … the joint estimation of risk attitudes and subjective probabilities can provide the calibration adjustments that theory …