Showing 1 - 10 of 23
Rosenstone develops a causal model to forecast political voting. The model seems reasonable; for example, it includes information about party, key issues, the economy, war, incumbency, region, and trends over time. Standard econometric methods are then used to determine how much weight should be...
Persistent link: https://www.econbiz.de/10005062661
Romer (1993) suggests that universities should undertake experiments that would test the value of mandatory attendance for economics courses. He presents evidence showing that those who attended his classes received higher grades on his exams and concluded that “an important part of the...
Persistent link: https://www.econbiz.de/10005408076
Those making environmental decisions must not only characterize the present, they must also forecast the future. They must do so for at least two reasons. First, if a no-action alternative is pursued, they must consider whether current trends will be favorable or unfavorable in the future....
Persistent link: https://www.econbiz.de/10005408087
In forecasting demand for expensive consumer goods, direct questioning of potential consumers about their future purchasing plans has had considerable predictive success [1, 2, 4]. Any attempt to apply such 'intention to purchase' methods to forecast demand for proposed products or services must...
Persistent link: https://www.econbiz.de/10005408089
Research on forecasting is extensive and includes many studies that have tested alternative methods in order to determine which ones are most effective. We review this evidence in order to provide guidelines for forecasting for marketing. The coverage includes intentions, Delphi, role playing,...
Persistent link: https://www.econbiz.de/10005408119
Fildes, Hibon, Makridakis and Meade (1998), which will be referred to as FHMM, extends two important published papers. The idea of taking findings from each study and testing them against the data used in the other study is a good one. Such replications and extensions are important in the effort...
Persistent link: https://www.econbiz.de/10005408123
It seems trivial to point out that one of the major goals of the International Institute of Forecasters is to communicate research findings. In particular, the IIF tries to foster communication among researchers, between researchers and practitioners, across nationalities, and across...
Persistent link: https://www.econbiz.de/10005408131
When we first began publication of the Journal of Forecasting, we reviewed policies that were used by other journals and also examined the research on scientific publishing. Our findings were translated into a referee's rating form that was published in the journal [Armstrong (1982a)]. These...
Persistent link: https://www.econbiz.de/10005408133
Ray Fair is one of my favorite econometricians. He has an excellent website, fairmodel.econ.yale.edu, where he freely shares his models. He writes clearly and his methods are reported in detail. He is concerned with the proper use of econometric methods. For example, he has long been opposed to...
Persistent link: https://www.econbiz.de/10005556563
The M3-Competition continues to improve the design of forecasting competitions: It examines more series than any previous competition, improves error analyses. and includes commercial forecasting programs as competitors. To judge where to go from here, I step back to look at the M-Competitions...
Persistent link: https://www.econbiz.de/10005556566