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Persistent link: https://www.econbiz.de/10009786150
Proper Scoring Rules (PSRs) are popular incentivized mechanisms to elicit an agent's beliefs. This paper combines theory and experiment to characterize how PSRs bias reported beliefs when (i) the PSR payments are increased, (ii) the agent has a financial stake in the event she is predicting, and...
Persistent link: https://www.econbiz.de/10010681975