elicitability

Etymology

From elicit + -ability.

elicitability means the condition of being elicitable. Lexicurio rates it Rare gem — a strength score of 79 out of 100.

noun

The condition of being elicitable“Expectile, first introduced by Newey and Powell (1987) in the econometrics literature, has recently become increasingly popular in risk management and capital allocation for financial institutions due to its desirable properties such as coherence and elicitability.”