In some experiments participants make multiple decisions; this feature facilitates gathering a
considerable amount of incentivized data over the course of a compact session. A …

In this paper, we present a first survey of the literature regarding whether the strategy
method, in which a responder makes conditional decisions for each possible information set …

Incentivized methods for eliciting subjective probabilities in economic experiments present
the subject with risky choices that encourage truthful reporting. We discuss the most …

Building upon early theoretical work that established the underlying principles of deci sion
making in settings involving risk (eg Arrow 1965; Pratt 1964; Von Neumann and …

Belief-elicitation experiments usually reward accuracy of stated beliefs in addition to
payments for other decisions. But this allows risk-averse subjects to hedge with their stated …

The game theoretic perspective in auction bidding has provided a powerful normative
framework for the analysis of auctions and it has generated an impressive volume of …

The first question faced in writing this survey is how to organize it and what to include. There
have been hundreds of papers reporting experimental work on auctions since the 1995 …

We pit non‐incentivised introspection against five revealed preference mechanisms ('truth
serums') in the elicitation of beliefs in a simple two‐player game. We measure the additivity …

We investigate the effect of regret-related feedback information on bidding behavior in
sealed-bid first-price auctions. Two types of regret are possible in this auction format. A …

Proper Scoring Rules (PSRs) are popular incentivized mechanisms to elicit an agent's
beliefs. This paper combines theory and experiment to characterize how PSRs bias reported …