Showing 1 - 10 of 104
Previous research has shown that seasonal factors provide one of the most important ways to improve forecast accuracy …. For example, in forecasts over an 18-month horizon for 68 monthly economic series from the M-Competition, Makridakis et al …
Persistent link: https://www.econbiz.de/10005556557
accuracy with which the distribution is calculated will rely on this number of replications. In this work, a relationship … between the number of replications and the accuracy of the estimate is obtained, so that if it is wanted to get a prefixed … value for the accuracy it is possible to determine which will be the minimum number of replications necessary for it. …
Persistent link: https://www.econbiz.de/10005119134
In this paper we study the relationship between the number of replications and the accuracy of the estimated quantiles …
Persistent link: https://www.econbiz.de/10005119142
made in eight conflict situations. These were difficult forecasting problems; the 32% accuracy of the unaided experts was … only slightly better than chance. In contrast, 46% of structured analogies forecasts were accurate. Among experts who were … independently able to think of two or more analogies and who had direct experience with their closest analogy, 60% of forecasts were …
Persistent link: https://www.econbiz.de/10005119357
We incorporate aggregation and index number theory into monetary models of exchange rate determination in a manner that is internally consistent with money market equilibrium. Divisia monetary aggregates and user-cost concepts are used for money supply and opportunity-cost variables in the...
Persistent link: https://www.econbiz.de/10005408047
The growing literature on learning in games has produced various results on the predictive success of learning theories. These results, however, were based on various methods of comparison. The present paper uses experimental data on a set of four games in order to check on the robustness of...
Persistent link: https://www.econbiz.de/10005408228
statistic is indifferent to the scale on which the data are measured. The evaluation of the ex-post forecasts suggests that NN … ex-post forecasts have been carried out by means of a non-parametric test: viz. the Friedman statistic. The Friedman … reliability of its forecasts. …
Persistent link: https://www.econbiz.de/10005556232
This paper gives an overview of some issues related to market aluation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...
Persistent link: https://www.econbiz.de/10005125064
This paper looks at the impact on Australia’s trade in crops (non-wheat grains and oilseeds) where GM technology has been introduced. The model includes assumptions about the productivity gains of GM crops, possible consumer responses and regulatory costs for Australia and its major trading...
Persistent link: https://www.econbiz.de/10005407855
This analysis presents the results of a survey of agricultural producers in Mississippi regarding their use of contracting. The study focuses on cross-commodity differences in contracting and the variable underlying contracting. Logistic regression models are used to examine the impacts of...
Persistent link: https://www.econbiz.de/10005412876