The value of feedback in forecasting competitions

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15 Citations (Scopus)

Abstract

In this paper we challenge the traditional design used for forecasting competitions. We implement an online competition with a public leaderboard that provides instant feedback to competitors who are allowed to revise and resubmit forecasts. The results show that feedback significantly improves forecasting accuracy.
Original languageEnglish
Pages (from-to)845 - 849
Number of pages5
JournalInternational Journal of Forecasting
Volume27
Issue number3
DOIs
Publication statusPublished - 2011

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