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

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  • Wang, Stephanie W.

Abstract

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

Suggested Citation

  • Wang, Stephanie W., 2011. "Incentive effects: The case of belief elicitation from individuals in groups," Economics Letters, Elsevier, vol. 111(1), pages 30-33, April.
    • Handle: RePEc:eee:ecolet:v:111:y:2011:i:1:p:30-33
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    References listed on IDEAS

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