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test this hypothesis directly, by examining the effects of competition on the biases of firms' sales forecasts. Using data … from firm-level surveys in five African countries, I show that firms that are protected from foreign competition generate …
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I examine the effect of strategic competition on management sales forecast bias. Strategic complement firms react to a …
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Predictive AI is increasingly used to guide decisions on agents. I show that even a bias-neutral predictive AI can … potentially amplify exogenous (human) bias in settings where the predictive AI represents a cost-adjusted precision gain to … belief updating, expected victims of bias become less likely to be saved by randomness under more precise predictions. An …
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Using a unique dataset of 22.5 million news articles from the Dow Jones Newswires Archive, we perform an in depth real-time out-of-sample forecasting comparison study with one of the most widely used data sets in the newer forecasting literature, namely the FRED-MD dataset. Focusing on U.S. GDP,...
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