Eliciting beliefs

Eliciting beliefs

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Article ID: iaor200916793
Country: Netherlands
Volume: 65
Issue: 4
Start Page Number: 271
End Page Number: 284
Publication Date: Dec 2008
Journal: Theory and Decision
Authors: ,
Abstract:

We develop an algorithm that can be used to approximate a decisionmaker's beliefs for a class of preference structures that includes, among others, a–maximin expected utility preferences, Choquet expected utility preferences, and, more generally, constant additive preferences. For both exact and statistical approximation, we demonstrate convergence in an appropriate sense to the true belief structure.

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