AUTHORS: Glenn W. Harrison, Andre Hofmeyr, Harold Kincaid, Brian Monroe, Don Ross, Mark Schneider, J. Todd Swarthout
ABSTRACT: Subjective belief elicitation about uncertain events has a long lineage in the economics and statistics literatures. Recent developments in the experimental elicitation and statistical estimation of subjective belief distributions allow… more »
Prepared for H. Kincaid and D. Ross (eds.), Modern Guide to the Philosophy of Economics (Cheltenham, UK: Elgar, forthcoming 2021).
AUTHORS: Glenn W. Harrison
ABSTRACT: If we take seriously the intent to improve welfare for individuals with experimental interventions, then we must allow that we are also capable of doing… more »
Forthcoming in G.W. Harrison and D. Ross (eds.), Models of Risk Preferences: Descriptive and Normative Challenges (Bingley, UK: Emerald, Research in Experimental Economics, 2021).
AUTHORS: Glenn W. Harrison and J. Todd Swarthout
ABSTRACT: We take Cumulative Prospect Theory (CPT) seriously by rigorously estimating structural models using the full set of CPT… more »