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The Boundaries of Quantitative Forecasting Methods: Respecting the Limits of Determinism

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  • Adam Gordon

Abstract

In this Foresight feature article, Adam Gordon distills the lessons we have been learning about the limitations of quantitative forecasting models. He reminds us that the challenges of prediction are daunting and that forecasters should not plunge ahead with quant models without assessing the level of uncertainty inherent in the forecasting environment. Read on for a reality check. Copyright International Institute of Forecasters, 2010

Suggested Citation

  • Adam Gordon, 2010. "The Boundaries of Quantitative Forecasting Methods: Respecting the Limits of Determinism," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 19, pages 9-15, Fall.
  • Handle: RePEc:for:ijafaa:y:2010:i:19:p:9-15
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    Cited by:

    1. Jiří Šindelář, 2019. "Sales forecasting in financial distribution: a comparison of quantitative forecasting methods," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 24(3), pages 69-80, December.

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