Do we think we make better forecasts than in the past? A survey of academics

Do we think we make better forecasts than in the past? A survey of academics

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Article ID: iaor200617
Country: United States
Volume: 34
Issue: 6
Start Page Number: 466
End Page Number: 468
Publication Date: Nov 2004
Journal: Interfaces
Authors:
Keywords: practice
Abstract:

A survey of 76 members of the editorial boards of six academic journals indicates that 64 percent believe that we have made modest progress in forecasting over the past three decades. They attribute this progress largely to increased computing power and improved data. They believe we would make further progress by including experts' opinions.

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