Probabilistic Scenarios in Demand and Supply Planning
Stefan De Kok
Foresight: The International Journal of Applied Forecasting, 2021, issue 62, 43-46
Abstract:
Several commentaries on the "better crystal ball," this being the fourth, clarify the objectives of scenario development, examine the distinction between risk and uncertainty, and lay out important obstacles to the attachment of probabilities to uncertain events. The Scoblic-Tetlock response to the commentaries will be printed in the next issue of Foresight, 2021:Q4. Copyright International Institute of Forecasters, 2021
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:for:ijafaa:y:2021:i:62:p:43-46
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