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dc.contributor.authorArtinger, Florianen_US
dc.contributor.authorExadaktylos, Filipposen_US
dc.contributor.authorKoppel, Hannesen_US
dc.contributor.authorSääksvuori, Laurien_US
dc.description.abstractThe quadratic scoring rule (QSR) is often used to guarantee an incentive compatible elicitation of subjective probabilities over events. Experimentalists have regularly not been able to ensure that subjects fully comprehend the consequences of their actions on payoffs given the rules of the games. In this note, we present a procedure that allows the transparent use of the QSR even in multiple-choice scenarios. For that purpose, two methodological means are applied: an alternative representation of the score and a short learning period to familiarize subjects with the payoff mechanism. The results suggest that both means were necessary and successful in facilitating subjects' understanding of the rule.en_US
dc.publisherUniv. [u.a.] Jenaen_US
dc.relation.ispartofseriesJena economic research papers 2010,021en_US
dc.subject.keywordQuadratic scoring ruleen_US
dc.subject.keywordexperimental methodologyen_US
dc.subject.keywordexperimental designen_US
dc.subject.stwNichtlineare Optimierungen_US
dc.subject.stwExperimentelle Ökonomiken_US
dc.titleApplying quadratic scoring rule transparently in multiple choice settings: A noteen_US
dc.typeWorking Paperen_US
Appears in Collections:Jena Economic Research Papers (2007-2014), Max-Planck-Institut für Ökonomik und Universität Jena

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