If they think the odds are 90% $10 and 10% −5$ and you think the odds are 10% $10 and 90% −5$ should you reward for trying to benefit or punish for having wrong beliefs that materially matter?
If they think the odds are 90% $10 and 10% −5$ and you think the odds are 10% $10 and 90% −5$ should you reward for trying to benefit or punish for having wrong beliefs that materially matter?