Notes--Discovering Personal Probabilities When Utility Functions are Unknown

Standard scoring rules require knowledge of the expert's utility function. This note shows how basic reference lottery tickets can be used to develop scoring rules which do not require this information.

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Year of publication:	1987
Authors:	Allen, Franklin
Published in:	Management Science. - Institute for Operations Research and the Management Sciences - INFORMS, ISSN 0025-1909. - Vol. 33.1987, 4, p. 542-544
Publisher:	Institute for Operations Research and the Management Sciences - INFORMS
Subject:	scoring rules \| unobservable preferences

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Extent:	application/pdf
Type of publication:	Article
Other identifiers:	10.1287/mnsc.33.4.542 [DOI]
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009208476