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A planner wants to elicit information about an agent's preference relation, but not the entire ordering. Specifically, preferences are grouped into "types", and the planner only wants to elicit the agent's type. We first assume beliefs about randomization are subjective, and show that a space of...
Persistent link: https://www.econbiz.de/10013189077
We study preferences estimated from finite choice experiments and provide sufficient conditions for convergence to a unique underlying “true” preference. Our conditions are weak and, therefore, valid in a wide range of economic environments. We develop applications to expected utility...
Persistent link: https://www.econbiz.de/10012637173
A planner wants to elicit information about an agent's preference relation, but not the entire ordering. Specifically, preferences are grouped into “types,” and the planner wants only to elicit the agent's type. We first assume that beliefs about randomization are subjective, and show that a...
Persistent link: https://www.econbiz.de/10012637461
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