Related papers: Identification of misreported beliefs
It is well known that individual beliefs cannot be identified using traditional choice data, unless we impose the practically restrictive and conceptually awkward assumption that utilities are state-independent. In this paper, we propose a…
It is well known that individual beliefs cannot be identified using traditional choice data, unless we exogenously assume state-independent utilities. In this paper, I propose a novel methodology that solves this long-standing…
This paper provides partial identification of various binary choice models with misreported dependent variables. We propose two distinct approaches by exploiting different instrumental variables respectively. In the first approach, the…
A researcher wants to ask a decision-maker about a belief related to a choice the decision-maker made; examples include eliciting confidence or cognitive uncertainty. When can the researcher provide incentives for the decision-maker to…
To estimate causal effects from observational data, an applied researcher must impose beliefs. The instrumental variables exclusion restriction, for example, represents the belief that the instrument has no direct effect on the outcome of…
Non-deductive reasoning systems are often {\em representation dependent}: representing the same situation in two different ways may cause such a system to return two different answers. Some have viewed this as a significant problem. For…
Common sense suggests that when individuals explain why they believe something, we can arrive at more accurate conclusions than when they simply state what they believe. Yet, there is no known mechanism that provides incentives to elicit…
This paper proposes a unified theoretical model to identify and test a comprehensive set of probabilistic updating biases within a single framework. The model achieves separate identification by focusing on the updating of belief…
Many experiments elicit subjects' prior and posterior beliefs about a random variable to assess how information affects one's own actions. However, beliefs are multi-dimensional objects, and experimenters often only elicit a single response…
When does society eventually learn the truth, or take the correct action, via observational learning? In a general model of sequential learning over social networks, we identify a simple condition for learning dubbed excludability.…
Controversy about the significance of underdetermination of theories persists in the philosophy and conduct of science. The issue has practical import when research is used to inform decision making, because scientific uncertainty yields…
The human mind is capable of extraordinary achievements, yet it often appears to work against itself. It actively defends its cherished beliefs even in the face of contradictory evidence, conveniently interprets information to conform to…
This paper presents a model of costly information acquisition where decision-makers can choose whether to elaborate information superficially or precisely. The former action is costless, while the latter entails a processing cost. Within…
Traditional logic-based belief revision research focuses on designing rules to constrain the behavior of revision operators. Frameworks have been proposed to characterize iterated revision rules, but they are often too loose, leading to…
Crowdsourced annotations of data play a substantial role in the development of Artificial Intelligence (AI). It is broadly recognised that annotations of text data can contain annotator bias, where systematic disagreement in annotations can…
Probability theory, epistemically interpreted, provides an excellent, if not the best available account of inductive reasoning. This is so because there are general and definite rules for the change of subjective probabilities through…
In this paper, we study belief elicitation about an uncertain future event, where the reports will affect a principal's decision. We study two problems that can arise in this setting: (1) Agents may have an interest in the outcome of the…
Analyzing decision problems under uncertainty commonly relies on idealizing assumptions about the describability of the world, with the most prominent examples being the closed world and the small world assumption. Most assumptions are…
Visualization supports exploratory data analysis (EDA), but EDA frequently presents spurious charts, which can mislead people into drawing unwarranted conclusions. We investigate interventions to prevent false discovery from visualized…
Can stated preferences inform counterfactual analyses of actual choice? This research proposes a novel approach to researchers who have access to both stated choices in hypothetical scenarios and actual choices, matched or unmatched. The…