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Persistent link: https://www.econbiz.de/10011528149
We construct a budget-balanced wagering mechanism that flexibly extracts information about event probabilities, as well as the mean, median, and other statistics from a group of individuals whose beliefs are immutable to the actions of others. We show how our mechanism, called the Brier betting...
Persistent link: https://www.econbiz.de/10011189756