A mechanism for eliciting the mean and quantiles of a random variable

T. Demuynck

doi:10.1016/j.econlet.2013.07.019

A mechanism for eliciting the mean and quantiles of a random variable

T. Demuynck^*

^*Corresponding author for this work

Microeconomics & Public Economics

Research output: Contribution to journal › Article › Academic › peer-review

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.

Original language	English
Pages (from-to)	121-123
Number of pages	3
Journal	Economics Letters
Volume	121
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2013.07.019
Publication status	Published - Oct 2013

Keywords

Becker-DeGroot-Marschak
Elicitation
Incentive compatible
Mean
Quantile

Access to Document

10.1016/j.econlet.2013.07.019

Cite this

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title = "A mechanism for eliciting the mean and quantiles of a random variable",

abstract = "We present two Becker-DeGroot-Marschak type incentive compatible elicitation mechanisms. The first can be used to elicit an agent{\textquoteright}s belief about the mean of a random variable while the second elicits the quantiles.",

keywords = "Becker-DeGroot-Marschak, Elicitation, Incentive compatible, Mean, Quantile",

author = "T. Demuynck",

year = "2013",

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KW - Elicitation

KW - Incentive compatible

KW - Mean

KW - Quantile

U2 - 10.1016/j.econlet.2013.07.019

DO - 10.1016/j.econlet.2013.07.019

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