@misc{Dekel2004true,
abstract = {We suggest a test for discovering whether a potential expert is informed of the distribution of a stochastic process. In a non-Bayesian non-parametric setting, the expert is asked to make a prediction which is tested against a single realization of the stochastic process. It is shown that by asking the expert to predict a small set of sequences, the test will assure that any informed expert can pass the test with probability one with respect to the actual distribution. Moreover, for the uninformed non-expert it is impossible to pass this test, in the sense that or any choice of a small set of sequences, only a small set of measures will assign a positive probability to the given set. Hence for most measures, the non-expert will surely fail the test. We define small as category 1 sets, described in more detail in the paper.},
address = {Evanston},
author = {Eddie Dekel and Yossi Feinberg},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {D83; C14; C50; 330; Asymmetrische Information; Informationsverhalten; Sachverst\"{a}ndige; Informations\"{o}konomik},
language = {eng},
number = {1385},
publisher = {Northwestern Univ., Kellogg Graduate School of Management, Center for Mathematical Studies in Economics and Management Science},
series = {Discussion paper // Center for Mathematical Studies in Economics and Management Science},
title = {A true expert knows which question should be asked.},
url = {http://hdl.handle.net/10419/31221},
year = {2004}
}