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-replicable. . Learning from previous mistakes can affect both the replicable component of a model as well as intuition. If learning, and … component, which is replicable, as well as intuition (namely, expert knowledge possessed by a forecaster), which is non … approached. Otherwise, learning and forecast updates would be neutral. The paper proposes a methodology to test whether macro …
Persistent link: https://www.econbiz.de/10008862832
-replicable. . Learning from previous mistakes can affect both the replicable component of a model as well as intuition. If learning, and … component, which is replicable, as well as intuition (namely, expert knowledge possessed by a forecaster), which is non … approached. Otherwise, learning and forecast updates would be neutral. The paper proposes a methodology to test whether macro …
Persistent link: https://www.econbiz.de/10008864018
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We ask various experts, who produce sales forecasts that can differ from earlier received model-based forecasts, what they do and why they do so. A questionnaire with a range of questions was completed by no less than forty-two such experts who are located in twenty different countries. We...
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We study risk perception and actual decision-making by the corporate elite, where we consider CEOs, CFOs and non … demanded returns across CEOs and CFOs are found to be negligible. When decision makers mature and get more experienced, they …
Persistent link: https://www.econbiz.de/10014038565
replicable, as well as intuition, which is non-replicable. Intuition is expert knowledge possessed by a forecaster. If forecast … are progressive, where the interaction between model and intuition is explicitly taken into account. The data set for the … that progress can be explained predominantly by improved intuition. …
Persistent link: https://www.econbiz.de/10011256344