Purpose – Accounting and decision making rely heavily on forecasts. For several reasons, we should expect ongoing increases in forecasting accuracy. The purpose of this paper is to test the hypothesis of improved forecasts over time. Design/methodology/approach – The paper analyzes original...

While there has been a lot of discussion about prediction markets, including several articles in Foresight, the empirical record of their use in corporations (CPM) is meager, with hardly a handful of cases published. Robert and Ramona look at the track record of CPM with a skeptical eye,...

Purpose – Accounting and decision making rely heavily on forecasts. For several reasons, we should expect ongoing increases in forecasting accuracy. The purpose of this paper is to test the hypothesis of improved forecasts over time. Design/methodology/approach – The paper analyzes original...