Principles of forecasting

By J. Armstrong. 2001

800 citations recorded by the source corpus.

Subfields: Management Science and Operations Research, Statistics and Probability

View Paper: https://www.semanticscholar.org/paper/8effbbe72e07a67e8f2c4a5dd2f7944881e87c76

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In Management Science and Operations Research

In Statistics and Probability

Citations in the corpus

Performance of Combined Double Seasonal Univariate Time Series Models for Forecasting Water Demand (2009, neutral): “Combining forecasts can reduce errors by averaging of individual forecasts (Clemen, 1989, Armstrong 2001) and is particularly useful when we are uncertain about which forecasting method is better for future prediction.”
Sports forecasting: a comparison of the forecast accuracy of prediction markets, betting odds and tipsters (2009, positive): “Forecast accuracy of combinations of the methods Several studies show that combining the results of different forecasting methods can improve forecasting accuracy (Armstrong, 2001; Batchelor and Dua, 1995; Blattberg and Hoch, 1990).”
Lancaster University Management School Working Paper 2007 / 005 Against your better judgment ? How organizations can improve their use of management judgment in forecasting (2007, neutral): “They also allow the process that produced the forecast to be disclosed more easily and reduce the chances of political interference with the forecasts (Armstrong 2001). Armstrong and Collopy (1998) specify a number of possible rules.”
To combine or not to combine: selecting among forecasts and their combinations (2005, methodology): “However this is ‘‘equally unfair’’ for both individual methods and their combinations, although there are indications that combinations are advantageous for long-term forecasting (Armstrong, 2001).”
Internet-Based Virtual Stock Markets for Business Forecasting (2003, background): “Apart from decision-support systems that usually make use of many different data sources, two different approaches attempt to solve such prediction problems (Armstrong 2001).”
How to improve scenario analysis as a strategic management tool (2005, background): “Several creativity-enhancing or brainstorming kind of methods and techniques, of course, can be used for this aim [26].”