Applying Quadratic Scoring Rule transparently in multiple choice settings: A note

摘要: The quadratic scoring rule (QSR) is often used to guarantee an incentive compatible elicitation of subjective probabilities over events. Experimentalists have regularly not been able ensure that subjects fully comprehend the consequences their actions on payos given rules games. In this note, we present a procedure allows transparent use QSR even in multiple-choice scenarios. For purpose, two methodological means are applied: alternative representation score and short learning period familiarize with payo mechanism. results suggest both were necessary successful facilitating subjects’ understanding rule.