Barron, Orie E.; Enis, Charles R.; Qu, Hong - In: Journal of risk and financial management : JRFM 14 (2021) 5, pp. 1-18
In this study, we study information processing by financial professionals benchmarked with non-professionals and how correlation among individual forecasts explains the group level forecast performance. In an experiment in which participants make price forecasts based on common financial...