reflected in the forecasting capabilities of professional analysts: all in all, analysts are not in a position to beat native … environment, we analyse the forecasting behaviour of students experimentally, using a simulated currency series. Our results … indicate that a topically oriented trend adjustment behaviour (TOTA) is a general characteristic of human forecasting behaviour …

-free communication is only sufficient for reaching a consensus. We apply our model to economic forecasting, providing an alternative …-free communication is a necessary and sufficient condition for a consensus to emerge. However, when communication is public, ambiguity …

) specifications and survey forecasts by optimally exploiting their properties. To do that, it compares the forecasting performance of …-term forecast horizons using both univariate and multivariate forecasting metrics. Results show that the Survey of Professional … judgement incorporated in survey forecasts can considerably increase model forecasts accuracy, however, the way and the extent …