Forecasting by Extrapolation: Conclusions from 25 Years of Research
J. Armstrong
Interfaces, 1984, vol. 14, issue 6, 52-66
Abstract:
Sophisticated extrapolation techniques have had a negligible payoff for accuracy in forecasting. As a result, major changes are proposed for the allocation of the funds for future research on extrapolation. Meanwhile, simple methods and the combination of forecasts are recommended.
Keywords: forecasting:; applications (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:14:y:1984:i:6:p:52-66
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