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  • Search: subject:"relative absolute errors"
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Year of publication
Subject
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backcasting 1 climate model 1 climate model ex ante forecasts out-of-sample errors predictability public policy relative absolute errors unconditional forecasts 1 decision making 1 ex ante forecasts 1 out-of-sample errors 1 predictability 1 public policy 1 relative absolute errors 1 unconditional forecasts 1
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Online availability
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Free 1
Type of publication
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Article 1 Book / Working Paper 1
Language
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English 1 Undetermined 1
Author
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Armstrong, J Scott 2 Soon, Willie 2 Green, Kesten 1 Green, Kesten C 1
Institution
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Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München 1
Published in...
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MPRA Paper 1
Source
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BASE 1 RePEc 1
Showing 1 - 2 of 2
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Benchmark forecasts for climate change
Green, Kesten C; Armstrong, J Scott; Soon, Willie - Volkswirtschaftliche Fakultät, … - 2008
We assessed three important criteria of forecastability—simplicity, certainty, and variability. Climate is complex due to many causal variables and their variable interactions. There is uncertainty about causes, effects, and data. Using evidence-based (scientific) forecasting principles, we...
Persistent link: https://www.econbiz.de/10005626881
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Cover Image
Validity of climate change forecasting for public policy decision making
Green, Kesten; Armstrong, J Scott; Soon, Willie
Policymakers need to know whether prediction is possible and, if so, whether any proposed forecasting method will provide forecasts that are substantially more accurate than those from the relevant benchmark method. An inspection of global temperature data suggests that temperature is subject to...
Persistent link: https://www.econbiz.de/10009483647
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