Economics Letters
Publication date:
2013-01-01
Volume:
121
Pages:
121 -
123
Publisher:
North Holland
Author:
Demuynck, Thomas
Keywords:
Becker–DeGroot–Marschak, Elicitation, Incentive compatible, Mean, Quantile, Social Sciences, Economics, Business & Economics, Becker-DeGroot-Marschak, 14 Economics, 38 Economics
Abstract:
We present two Becker–DeGroot–Marschak type incentive compatible elicitation mechanisms. The first can be used to elicit an agent’s belief about the mean of a random variable while the second elicits the quantiles.