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In this paper we provide a theoretical analysis of effects of applying different forecast diversification methods on the structure of the forecast error covariance matrices and decomposed forecast error components based on the bias- variance- Bayes error decomposition of James and Hastie. We...
Persistent link: https://www.econbiz.de/10009429663
In this paper we provide experimental results and extensions to our previous theoretical findings concerning the combination of forecasts that have been diversified by three different methods: with parameters learned at different data aggregation levels, by thick modeling and by the use of...
Persistent link: https://www.econbiz.de/10009429665
relationship between the in-house IT department and other parts of the business. Design/methodology/approach – In this paper, IT …
Persistent link: https://www.econbiz.de/10009429683
The combination of forecasts is a well established procedure for improving forecast performance and decreasing the risk of selecting an inferior model out of an existing pool of models. Work in this area mainly focuses on combining several functionally different models, but some publications...
Persistent link: https://www.econbiz.de/10009429719
Globalization and the Internet are creating a new form of network organization characterized by networks of cooperating and competing firms. The concept of network organization advocates flexible and open organizational structures that would improve coordination among organizational units and...
Persistent link: https://www.econbiz.de/10009429828
approach, the author examines in detail some of the e-business models impacting on the travel industry both in the Business-to-Business … (B2B) and Business-to-Consumer (B2C) markets. Although B2C leisure transactions currently account for just 1% of the … players will need to ensure their e-business model adds value for the customer, otherwise their position in the value chain …
Persistent link: https://www.econbiz.de/10009429831
In electronic markets, the Internet creates new network structures that enable firms to integrate cross-functional activities at relatively low cost and eliminate non-value-adding activities. However, there is little empirical evidence on how structural characteristics of network organization...
Persistent link: https://www.econbiz.de/10009429847
International trade in financial services is a topic of some importance both to the financial services sector itself and in international trade negotiations. Unfortunately, intrinsic problems in defining and measuring trade in services, combined with a lack of data in many countries, have made...
Persistent link: https://www.econbiz.de/10009477574
The development of new products in the personal finacial services (PFS) sector is an area that is being increasingly relied upon by organisations to provide competitive differentiation in the highly competitive environment that they now operate within. Despite this reliance, relatively little is...
Persistent link: https://www.econbiz.de/10009429673
Although branding is now widespread among UK universities, the application of branding principles in the higher education sector is comparatively recent and may be controversial for internal audiences who question its suitability and efficiency. This paper seeks to investigate how and whether...
Persistent link: https://www.econbiz.de/10009429674