Should We Redesign Forecasting Competitions?

J. Scott Armstrong ()

General Economics and Teaching from EconWPA

Abstract: 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 go from here, I step back to look at the M-Competitions as a whole. I discuss the advantages of the M- Competitions in hopes that they will be retained, describe how to gain additional benefit from future competitions, and finally, describe a low-cost approach to competitions.

Keywords: forecasting; forecasting competitions (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2004-12-06
Note: Type of Document - pdf; pages: 4
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpgt:0412001

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