Article ID: | iaor20115863 |
Volume: | 27 |
Issue: | 3 |
Start Page Number: | 845 |
End Page Number: | 849 |
Publication Date: | Jul 2011 |
Journal: | International Journal of Forecasting |
Authors: | Hyndman Rob J, Athanasopoulos George |
Keywords: | feedback |
In this paper we challenge the traditional design used for forecasting competitions. We implement an online competition with a public leaderboard that provides instant feedback to competitors who are allowed to revise and resubmit forecasts. The results show that feedback significantly improves forecasting accuracy.