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Admissible probability measurement procedures |
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Notes for this articleVia Buja et al. [2005] this is the earliest form of the Choquet representation for proper scoring rules. Assumes differentiability, a requirement removed by Schervish [1989].
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AbstractAbstract Admissible probability measurement procedures utilize scoring systems with a very special property that guarantees that any student, at whatever level of knowledge or skill, can maximize his expected score if and only if he honestly reflects his degree-of-belief probabilities. Section 1 introduces the notion of a scoring system with the reproducing property and derives the necessary and sufficient condition for the case of a test item with just two possible answers. A method is given for generating a virtually inexhaustible number of scoring systems, both symmetric and asymmetric, with the reproducing property. A negative result concerning the existence of a certain subclass of reproducing scoring systems for the case of more than two possible answers is obtained. Whereas Section 1 is concerned with those instances in which the possible answers to a query are stated in the test itself, Section 2 is concerned with those instances in which the student himself must provide the possible answer(s). In this case, it is shown that a certain minor modification of a scoring system with the reproducing property yields the desired admissible probability measurement procedure.
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