Using judgment to select and adjust forecasts from statistical models

DOI10.1016/J.EJOR.2020.01.028zbMATH Open1441.62660OpenAlexW2999660138WikidataQ126304525 ScholiaQ126304525MaRDI QIDQ2178117FDOQ2178117

Authors: Shari De Baets, Nigel Harvey 

Publication date: 7 May 2020

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://discovery.ucl.ac.uk/id/eprint/10097784/

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zbMATH Keywords

forecastingjudgmental adjustmentforecast support systemsjudgmental selection

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Experimental work for problems pertaining to operations research and mathematical programming (90-05)

Cites Work

• Evaluating probabilistic forecasts of stock prices in a developing stock market

Cited In (9)

• Applications of the bias-variance decomposition to human forecasting
• Forecast adjustments during post-promotional periods
• Improving judgmental adjustment of model-based forecasts
• Outlier detection in network revenue management
• Defensive Forecasting: How to Use Similarity to Make Forecasts That Pass Statistical Tests
• Forecasting with jury-based probabilistic argumentation
• Evaluating human behaviour in response to AI recommendations for judgemental forecasting
• What causes post-decision disappointment? Estimating the contributions of systematic and selection biases
• Decline, adopt or compromise? A dual hurdle model for advice utilization

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