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Now showing items 71-77 of 77
Living in a world of low levels of predictability
(Elsevier, 2009)
This conclusion aims to summarize the major issues surrounding forecasting, as well as the extensive empirical evidence
proving our inability to accurately predict the future. In addition, it discusses our resistance to ...
Commentary on the Makridakis Time Series Competition (M-Competition)
(1983)
In 1982, the Journal of Forecasting published the results of a forecasting competition organized
by Spyros Makridakis (Makridakis et al., 1982). In this, the ex ante forecast errors of 21 methods were
compared for forecasts ...
Forecasting accuracy and the assumption of constancy
(Elsevier, 1981)
Statistical forecasting is based on the assumption of constancy, or structural ability in the data. This paper argues that such an assumption might not always be realistic in real life forecasting situations. Unfortunately, ...
Factors Affecting Success in Business: Management Theories/ Tools Versus Predicting Changes
(Pergamon, 1996)
Management theories and tools, like the fashion industry have their moment of glory and die. Very few survive and, in some cases, their passing leaves extensive corporate damage in their wake. Spyros Makridakis reviews the ...
An Analysis of the Interrelationships Among the Major World Stock Exchanges
(Wiley, 1974-06)
The method of principal component is used in this paper to analyse the interrelationship among the world's major stock exchanges. The major finding is that the interrelationship is unstable over time. This finding proves ...
Think lucky
(2009)
Strategy theories make great claims about their ability to contribute to business success, but how realistic are those claims? We only have to look back to re engineering and its promised miracles, for a lesson in how far ...
The Forthcoming Artificial Intelligence (AI) Revolution: Its Impact on Society and Firms
(2017-01-11)
The impact of the industrial and digital (information) revolutions has, undoubtedly, been substantial on practically all aspects of our society, life, firms and employment. Will the forthcoming AI revolution produce similar, ...