Article ID: | iaor1994435 |
Country: | Netherlands |
Volume: | 9 |
Issue: | 2 |
Start Page Number: | 147 |
End Page Number: | 161 |
Publication Date: | Apr 1993 |
Journal: | International Journal of Forecasting |
Authors: | Wright George, Goodwin Paul |
This study reviews the research literature on judgmental time series forecasting in order to assess: (i) the quality of inferences about judgmental forecasting in practice which can be drawn from this research; (ii) what is currently known about the processes employed by people when producing judgmental forecasts; (iii) the current evidence that certain strategies can lead to more accurate judgmental forecasts. A key focus of the paper is the identification of areas where further research is needed.