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Honesty via Choice-Matching

delete2019-09-01
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OA
AI
J
Jakša Cvitanić *
D
Dražen Prelec
B
Blake Riley
B
Benjamin Tereick
DOI:10.1257/aeri.20180227delete
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Abstract

Abstract

En 中文
We introduce choice-matching, a class of mechanisms for eliciting honest responses to a multiple choice question (MCQ), as might appear in a market research study, opinion poll, or economics experiment. Under choice-matching, respondents are compensated through an auxiliary task, e.g., a personal consumption choice or a forecast. Their compensation depends both on their performance on the auxiliary task, and on the performance of those respondents who matched their response to the MCQ. We give conditions for such mechanisms to be strictly truth-inducing, focusing on a special case in which the auxiliary task is to predict the answers of other respondents.
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Journal

American Economic Review cover
American Economic Review
IF:
11.6
Papers:
5.0K
Citations:
7.5W

Organization

C
California Institute of Technology
Scholars:
2.9W
Papers: 2.5W
Citations: 4.9W
E
Erasmus University Rotterdam
Scholars:
4.6W
Papers: 4.0W
Citations: 2.4W
E
erasmus university rotterdam - excl erasmus mc
Scholars:
5.5K
Papers: 5.7K
Citations: 6
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