Incorporating Expert Judgment in Economic Forecasts: The Case of the U.S. Economy in 1992
Thomas L. Saaty () and
Luis G. Vargas ()
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Thomas L. Saaty: University of Pittsburgh
Luis G. Vargas: University of Pittsburgh
Chapter Chapter 13 in Models, Methods, Concepts & Applications of the Analytic Hierarchy Process, 2012, pp 171-186 from Springer
Abstract:
Abstract Professional and academic economists employ a variety of techniques and commit significant amounts of time and financial resources for the purpose of producing macroeconomic forecasts. This chapter illustrates the use of the Analytic Hierarchy Process in forecasting.
Keywords: Gross Domestic Product; Economic Cycle; Real Gross Domestic Product; Economic Restructuring; Consensus Forecast (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4614-3597-6_13
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DOI: 10.1007/978-1-4614-3597-6_13
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