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Rule-Based Forecasting (RBF) is an expert system that uses judgment to develop and apply rules for combining extrapolations. The judgment comes from two sources, forecasting expertise and domain knowledge. Forecasting expertise is based on more than a half century of research. Domain knowledge...
Persistent link: https://www.econbiz.de/10009438910
Research over two decades has advanced the knowledge of how to assess predictive validity. We believe this has value to information systems (IS) researchers. To demonstrate, we used a widely cited study of IS spending. In that study, price-adjusted diffusion models were proposed to explain and...
Persistent link: https://www.econbiz.de/10009484503
business forecasting and prediction. We located 48 studies done between 1988 and 1994. For each, we evaluated how effectively …
Persistent link: https://www.econbiz.de/10009484508
Rule-Based Forecasting (RBF) is an expert system that uses judgment to develop and apply rules for combining extrapolations. The judgment comes from two sources, forecasting expertise and domain knowledge. Forecasting expertise is based on more than a half century of research. Domain knowledge...
Persistent link: https://www.econbiz.de/10009484509
Sports and war metaphors abound in business today. For example, one management book, Thunder in the Sky, by Thomas … business world as tantamount to victory in battle.” The book advises American executives to do the same. However, such … metaphors are misleading. The objective in both sports and war is to beat the competitor. Business, on the other hand, aims to …
Persistent link: https://www.econbiz.de/10005408094