Preferences are fundamental characteristics of individuals and have been shown to be predictive of decisions in a variety of domains. For example, people’s willingness to take risks (risk preferences) ...

The results of eliciting risk preferences are highly dependent on the elicitation method used. This raises the question of how risk preferences can be reliably elicited. Using item response theory ...

This is a preview. Log in through your library . Abstract In the context of eliciting preferences for decision making under risk, we analyse the features of four different elicitation methods—pairwise ...