Rutström, Eva Elisabet; Harrison, Glenn W.; Fountain, John - 2007
information, provide the
subject with their expected income. This information is designed to show the subject some of the … solution, perhaps less obviously, is to allow “free range” betting so that we obtain
more information from the observed betting …, although not disastrously so as we
shall see, since we can calibrate the true beliefs if we have information about the subject …