Extends Ramsey's elicitation of subjective probabilities to risk-weighted expected utility maximizers by first deriving a measurement of risk attitudes from preferences.
Machina & David Schmeidler (1992): A More Robust Definition of Subjective Probability
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Measuring Belief and Risk Attitude
Extends Ramsey's elicitation of subjective probabilities to risk-weighted expected utility maximizers by first deriving a measurement of risk attitudes from preferences.