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Published April 2011 | public
Journal Article

Incentive effects: The case of belief elicitation from individuals in groups

Abstract

Non-incentivized belief elicitation has a negative effect on the belief accuracy of experienced observers predicting choices in 2 × 2 matrix games. This negative impact extends to the accuracy of group beliefs and revised beliefs after forecasters know each other's initial beliefs.

Additional Information

© 2010 Elsevier B.V. Received 7 September 2009; revised 18 November 2010; Accepted 24 November 2010. Available online 4 December 2010. I gratefully acknowledge the financial support of The Princeton Laboratory for Experimental Social Science. I thank Roland Benabou, Stephen Morris, Thomas Palfrey, and an anonymous referee for helpful comments.

Additional details

Created:
August 22, 2023
Modified:
October 24, 2023