Binary Scoring Rules that Incentivize Precision

25 Feb 2020 Neyman Eric Noarov Georgy Weinberg S. Matthew

All proper scoring rules incentivize an expert to predict accurately (report their true estimate), but not all proper scoring rules equally incentivize precision. Rather than consider the expert's belief as exogenously given, we consider a model where a rational expert can endogenously refine their belief by repeatedly paying a fixed cost, and is incentivized to do so by a proper scoring rule... (read more)

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  • COMPUTER SCIENCE AND GAME THEORY