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10%OFFPhilip Hans Franses - Expert Adjustments of Model Forecasts: Theory, Practice and Strategies for Improvement - 9781107441613 - V9781107441613
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Expert Adjustments of Model Forecasts: Theory, Practice and Strategies for Improvement

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Description for Expert Adjustments of Model Forecasts: Theory, Practice and Strategies for Improvement paperback. Brings together current theoretical insights and new empirical results to examine expert adjustment of model forecasts from an econometric perspective. Num Pages: 143 pages, 9 b/w illus. 18 tables. BIC Classification: KCH; KCJ. Category: (U) Tertiary Education (US: College). Dimension: 153 x 229 x 8. Weight in Grams: 212.
To what extent should anybody who has to make model forecasts generated from detailed data analysis adjust their forecasts based on their own intuition? In this book, Philip Hans Franses, one of Europe's leading econometricians, presents the notion that many publicly available forecasts have experienced an 'expert's touch', and questions whether this type of intervention is useful and if a lighter adjustment would be more beneficial. Covering an extensive research area, this accessible book brings together current theoretical insights and new empirical results to examine expert adjustment from an econometric perspective. The author's analysis is based on a range of ... Read more

Product Details

Format
Paperback
Publication date
2014
Publisher
Cambridge University Press
Condition
New
Number of Pages
143
Place of Publication
Cambridge, United Kingdom
ISBN
9781107441613
SKU
V9781107441613
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-48

About Philip Hans Franses
Philip Hans Franses is Professor of Applied Econometrics and Professor of Marketing Research at the Erasmus University Rotterdam. Since 2006 he has served as the Dean of the Erasmus School of Economics. His research interests concern the development and application of econometric methods for problems in marketing, finance and macroeconomics.

Reviews for Expert Adjustments of Model Forecasts: Theory, Practice and Strategies for Improvement
'All economic and business forecasting involves judgment to some extent, but most books focus on the application of statistical methods. At last we have a book that directly addresses the role of judgment in forecasting and applies a set of rigorous methods to assess its potential strengths and limitations.' Paul Goodwin, Emeritus Professor, University of Bath 'This monograph is an ... Read more

Goodreads reviews for Expert Adjustments of Model Forecasts: Theory, Practice and Strategies for Improvement


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