| Article ID: | iaor19961875 |
| Country: | Germany |
| Volume: | 18 |
| Issue: | 1 |
| Start Page Number: | 43 |
| End Page Number: | 49 |
| Publication Date: | Jan 1996 |
| Journal: | OR Spektrum |
| Authors: | Motnikar B.S., Pisanski T., Cepar D. |
The authors proposed a new descriptive approach to time-series forecasting based on the imitation of the past similar patterns in the data history. In order to select similar patterns they introduce an algorithm that compares the patterns’ characteristics. The proposed method does not require any statistical assumptions. The authors compare the method with the results of the Makridakis competition.