Advertisement

Sum Results on Individual Forecasts

  • Gunnar Brennscheidt
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 403)

Abstract

This chapter presents some results which lend support to the statements on aggregate forecasts in Chapter 3: Comparison of observed forecasts to various prediction concepts, non-rational features, learning, and “improvements” of underestimating predictions (regression on single exogenous variables and psychological components).

Keywords

Absolute Deviation Rational Prediction Mean Absolute Error Expected Change Upward Bias 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Copyright information

© Springer-Verlag Berlin Heidelberg 1993

Authors and Affiliations

  • Gunnar Brennscheidt
    • 1
  1. 1.Institut für Ökonometrie und Operations ResearchUniversität BonnBonnGermany

Personalised recommendations