Showing 1 - 10 of 526
Climate is complex, uncertain, and, over horizons that are relevant for policy decisions, varies little. Using evidence-based (scientific) forecasting principles, we determined that for such a situation a naïve “no change” extrapolation method was the appropriate benchmark. We tested this...
Persistent link: https://www.econbiz.de/10015214533
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/10015213834
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
Traditional groups meetings are an inefficient and ineffective method for making forecasts and decisions. We compare two structured alternatives to traditional meetings: the Delphi technique and prediction markets. Delphi is relatively simple and cheap to implement and has been adopted for...
Persistent link: https://www.econbiz.de/10009438914
Policymakers need to know whether prediction is possible and if so whether any proposed forecasting method will provide forecasts that are substantively more accurate than those from the relevant benchmark method. Inspection of global temperature data suggests that it is subject to irregular...
Persistent link: https://www.econbiz.de/10009438426
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/10009438547
The extinction of polar bears by the end of the 21st century has been predicted and calls have been made to list them as a threatened species under the U.S. Endangered Species Act. The decision on whether or not to list rests upon forecasts of what will happen to the bears over the 21st Century....
Persistent link: https://www.econbiz.de/10015246841
The extinction of polar bears by the end of the 21st century has been predicted and calls have been made to list them as a threatened species under the U.S. Endangered Species Act. The decision on whether or not to list rests upon forecasts of what will happen to the bears over the 21st Century....
Persistent link: https://www.econbiz.de/10005836045
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/10008521528
Persistent link: https://www.econbiz.de/10008882360