One constraint we face as economists is not being able to observe all the relevant variables
required to test our theories or make policy prescriptions. Laboratory techniques allow us to …

Subjective beliefs are crucial for economic inference, yet behavior can challenge the
elicitation. We propose that belief elicitation should be incentive compatible not only …

Expectations are a critical factor in determining actions in a great variety of economic
interactions. Hence, being able to measure beliefs is important in many economic …

Prospect Theory: For Risk and Ambiguity, provides a comprehensive and accessible
textbook treatment of the way decisions are made both when we have the statistical …

We often deal with uncertain events for which no probabilities are known. Several normative
models have been proposed. Descriptive studies have usually been qualitative, or they …

Bayesian updating remains the benchmark for dynamic modeling under uncertainty within
economics. Recent theory and evidence suggest individuals may process information …

Abstract The World Values Survey (WVS) question on trust has been widely used to study
the economic effect of trust. Recent work, however, questions its validity as an accurate …

We present a study on the evolution of publications about applications of proper scoring
rules. Specifically, we consider articles reporting the use of proper scoring rules when either …

We introduce a simple method for constructing a scoring rule to elicit an agent's belief about
a random variable that is incentive compatible irrespective of her risk-preference. The agent …

Evidence from social psychology suggests that agents process information about their own
ability in a biased manner. This evidence has motivated exciting research in behavioral …