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A survey was conducted of New Zealand personnel consultants. Their beliefs about the validity of various selection tools and their claimed usage of these tools was then compared with the validities in a previously published meta-analysis. The experts claimed to use the predictors they believed...
Persistent link: https://www.econbiz.de/10005556517
The M3-Competition continues to improve the design of forecasting competitions: It examines more series than any … previous competition, improves error analyses. and includes commercial forecasting programs as competitors. To judge where to …
Persistent link: https://www.econbiz.de/10005556566
its probable success given future trends and its impacts on the human and natural environment. Forecasting, by which I …
Persistent link: https://www.econbiz.de/10005556575
Romer (1993) suggests that universities should undertake experiments that would test the value of mandatory attendance for economics courses. He presents evidence showing that those who attended his classes received higher grades on his exams and concluded that “an important part of the...
Persistent link: https://www.econbiz.de/10005408076
In forecasting demand for expensive consumer goods, direct questioning of potential consumers about their future …
Persistent link: https://www.econbiz.de/10005408089
When we first began publication of the Journal of Forecasting, we reviewed policies that were used by other journals …
Persistent link: https://www.econbiz.de/10005408133
The following hypotheses about long-range market forecasting were examined: Hl Objective methods provide more accuracy … are more accurate for long range market forecasting than are the major alternatives, expert judgment and extrapolation …
Persistent link: https://www.econbiz.de/10005119363
People are willing to pay heavily for expert advice. Economists are consulted to tell us how the economy will change, stock analysts are paid large salaries to forecast the earnings of various companies, and political experts command large fees to tell our leaders what the future holds. The...
Persistent link: https://www.econbiz.de/10005119384
Individuals and organizations have operated for hundreds of years by planning and forecasting in an intuitive manner … those problems. However, informal planning and forecasting are expensive activities; this raises questions about their … superiority over informal planning and forecasting. Furthermore, critics of the formal approach claim that it introduces rigidity …
Persistent link: https://www.econbiz.de/10005119385
There exists a large number of quantitative extrapolative forecasting methods which may be applied in research work or … implemented in an organizational setting. For instance, the lead article of this issue of the Journal of Forecasting compares the … ability to forecast the future of over twenty univariate forecasting methods. Forecasting researchers in various academic …
Persistent link: https://www.econbiz.de/10005119399