The M3-competition: Results, conclusions and implications

The M3-competition: Results, conclusions and implications

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Article ID: iaor20013124
Country: Netherlands
Volume: 16
Issue: 4
Start Page Number: 451
End Page Number: 476
Publication Date: Oct 2000
Journal: International Journal of Forecasting
Authors: ,
Abstract:

This paper describes, the M3-Competition, the latest of the M-Competitions. It explains the reasons for conducting the competition and summarizes its results and conclusions. In addition, the paper compares such results/conclusions with those of the previous two M-Competitions as well as with those of other major empirical studies. Finally, the implications of these results and conclusions are considered, their consequences for both the theory and practice of forecasting are explored and directions for future research are contemplated.

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