The impossibility of experimental elicitation of subjective probabilities. Theory and Decision, 38(3), 313-320
Tel Aviv University, Tell Afif, Tel Aviv, Israel Theory and Decision
(Impact Factor: 0.48).
01/1995; 38(3):313-320. DOI: 10.1007/BF01362238
We show that if decision makers may have stakes in certain events then the experimental elicitation of their subjective probabilities of these events is impossible.
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