Franses, Philip Hans; de Bruijn, de Bruijn, B. - Faculteit der Economische Wetenschappen, Erasmus … - 2011
This paper deals with the analysis and evaluation of sales forecasts of managers, given that it is unknown how they constructed their forecasts. Our goal is to find out whether these forecasts are rational. To examine deviations from rationality, we argue that one has to approximate how the...