Data and Code for: Belief Elicitation and Behavioral Incentive Compatibility
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Subjective beliefs are crucial for economic inference, yet behavior can challenge the elicitation. We propose that belief elicitation should be incentive compatible not only theoretically but also in a de facto behavioral sense. To demonstrate, we show that the binarized scoring rule, a state-of-the-art elicitation, violates two weak conditions for behavioral incentive compatibility: (i) within the elicitation, information on the incentives increases deviations from truthful reporting; and (ii) in a pure choice over the set of incentives, most deviate from the theorized maximizer. Moreover, we document that deviations are systematic and center-biased, and that the elicited beliefs substantially distort inference.<br>
主观信念对于经济推理至关重要,但行为因素可能会对信念诱发构成挑战。我们提出,信念诱发不仅应在理论上具备激励相容性(incentive compatibility),还应在实际行为层面体现这一特性。为验证这一观点,我们发现二元化评分规则(binarized scoring rule)——一种最先进的信念诱发方法——违反了行为激励相容性的两个弱条件:(i)在诱发过程中,关于激励机制的信息会增加偏离真实报告的程度;(ii)在对激励方案集合的纯粹选择中,大多数人会偏离理论上的最大化策略。此外,我们发现这些偏离具有系统性和中心偏差特性,且诱发的信念会显著扭曲经济推理结果。<br>



