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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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Citations: View citations in EconPapers (19)

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