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We ask various experts, who produce sales forecasts that can differ from earlier received model-based forecasts, what they do and why they do so. A questionnaire with a range of questions was completed by no less than forty-two such experts who are located in twenty different countries. We...
Persistent link: https://www.econbiz.de/10005288399
Experts often add domain knowledge to model-based forecasts while aiming to reduce forecast errors. Indeed, there is some empirical evidence that expert-adjusted forecasts improve forecast quality. However, surprisingly little is known about what experts actually do. Based on a large and...
Persistent link: https://www.econbiz.de/10005504983
Many fouls committed in football (called soccer in some countries) are ambiguous, and there is no objective way of determining who is the “true†perpetrator or the “true†victim. Consequently, fans as well as referees often rely on a variety of decision cues when judging such...
Persistent link: https://www.econbiz.de/10008484105
In this paper we conceptualize the impact of information technology on marketing decision-making. We argue that developments in information technology affect the performance of marketing decision-makers through different routes. Advances in information technology enhance the possibilities to...
Persistent link: https://www.econbiz.de/10005288442
Most financial-economic decisions are made consciously, with a clear and constant drive to ???good???, ???better??? or even ???optimal??? decisions. Nevertheless, many decisions in practice do not earn these qualifications, despite the availability of financial economic theory, decision sciences...
Persistent link: https://www.econbiz.de/10005256429
For people working in finance, either in academia or in practice or in both, the combination of ?finance? and ?multiple criteria? is not obvious. However, we believe that many of the tools developed in the field of MCDM can contribute both to the quality of the financial economic decision making...
Persistent link: https://www.econbiz.de/10005256431